Rejected petition force banks to offer morages that are repayable to stop big companys doing so

force banks to give morages Under this policy:
Mortgage value is fixed in minimum-wage hours at the time of agreement
Total repayment = 190% of the loan, reflecting 3% simple interest over 30 years
Borrowers repay the loan in money, but the amount owed each year is based on thecurrentminimumwage

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This ensures mortgages track real workers’ earnings, not bank profit targets.
It gives working people a stable, fair path to home ownership and prevents financial exploitation.

There is also growing concern that large corporations and investment funds are buying up housing stock, risking a future where ordinary people can no longer afford to own homes. This policy protects citizens and preserves a homeowner society, rather than a corporate-landlord nation.

This petition was rejected

Why was this petition rejected?

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

We can only accept petitions about things the Government or Parliament are directly responsible for.

Decisions about the repayment or mortgages are a matter for individual lenders, not the UK Government or Parliament.

We could accept a petition calling for the UK Government to fund or set up a specific government mortgage scheme. For example, we currently have this petition open:

Public mortgage scheme for first-time buyers with fixed interest & minimum term: https://petition.parliament.uk/petitions/733214

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

Date submitted 30 October 2025
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