Rejected petition Enforce a ban on Buy-to-Let mortgages for both private investors and companies.

Buy-to-let mortgages fuel property accumulation by investors, intensifying competition for first-time buyers. Government action to ban these mortgages would prioritize housing as a necessity, not a profit, fostering fairness and equal access in the housing market.

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Buy-to-let mortgages exacerbate housing inequality. Investors and affluent individuals amass properties, driving up prices and hindering first-time buyers. Banning them promotes fair access, prevents property speculation, and ensures housing serves its primary purpose: providing shelter, not profit.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

The types of mortgage products available are a matter for individual lenders, not the UK Government or Parliament. We could accept a petition calling for a ban on private landlords, if that's something that you'd like to see.

We have also published this petition which you may wish to sign:
Nationalise private rental properties: https://petition.parliament.uk/petitions/636732

We only reject petitions that don’t meet the petition standards.

Date submitted 22 August 2023
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