This petition was submitted during the 2019 to 2024 Parliament
Closed petition Provide financial support for full-time workers with high-interest mortgages
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I would like the Government to provide more financial support for full-time workers with high-interest mortgages, many of whom are struggling with debts. Some people's mortgage payments have doubled since 2023, and we feel our standard of living has gone from comfortable to impossible.
I work in the construction industry and since mortgage rates have gone up, I feel the industry has suffered. Some people are losing jobs and businesses because many people have stopped building or selling houses. Many cannot afford to buy a house with the current mortgage rates. Some people who work full time are struggling as much as those who get benefits, and I think the Government should provide more support to full-time workers.
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This petition will stay open until 30 May 2024.