This petition was submitted during the 2019-2024 parliament
Rejected petition Make rent payments part of credit scores
Make rental payments considered when applying for a mortgage and part of credit scoring. This should be applicable across the board not just by some mortgage companies.
More details
Tenants paying rent are often paying a regular monthly amount greater that a monthly mortgage payment. A majority of mortgage companies do not take this into consideration.
The rental payment history should go a long way into show a persons ability to make regular payments.
This petition was rejected
Why was this petition rejected?
It’s about something that the UK Government or Parliament is not directly responsible for.
Petitions must call for a specific action that the UK Government or Parliament are directly responsible for.
Decisions about when to offer a mortgage are a matter for individual mortgage providers, not the Government or Parliament. As a result it is not possible for the Government or Parliament to take the action you have requested.
Landlords are able to report rental income to credit agencies, who can then take this into account as part of their rental scores. It is a decision for landlords and credit agencies whether or not to do this, The Government aren't responsible for operation of credit rating agencies or mortgage lenders.
We only reject petitions that don’t meet the petition standards.