Closed petition Encourage banks not to refuse mortgages for properties with high service charge

There have been reports that some banks are not providing mortgages on some properties with high service charges. I urge the government to intervene.

More details

With increasing compliance and fire inspection costs, utilities and contractor fees, it has caused some service charges to rise to more than 1% of the value of the apartment.

Given that banks have been bailed out by taxpayers multiple times, we think it is time for the government to support trapped sellers in return.

This petition is closed All petitions run for 6 months

29 signatures

Progress of the petition towards its next target: 29 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 3 September 2025
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