Closed petition: Cap on interest rises for Mortgages so people don't lose their homes
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We think the Government should clamp down on mortgage rate rises for existing mortgages, so when it comes to renewing a mortgage rate there should be a max limit where a bank can raise interest rates on current home owners.
We think the Government should bring in a law to do this. This could help prevent people struggling and losing their homes.
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 13 August 2025.