Have your say on government e-petitions

force all mortgage lenders to cancel this months SVR increases

Submitted on Saturday 3rd March 2012

Published on Monday 5th March 2012

Current status: Closed

Closed: Wednesday 5th September 2012

Signatures: 1

Tagged with

Money

Petition Action

force all mortgage lenders to cancel this months SVR increases

Additional Information

We, the public are reluctant shareholders of many of the Banks a substantial number of which are mortgage providers. As such, we must have Government action to restrict these organisations ability to raise SVR interest rates on our Mortgages because of their inability to raise money commercially at rates which they want. Once again we are forced to bail them out. At a time when many people are struggling to to make ends meet. I feel we have contributed more than enough to the Banks over the last few years and once again we witness the arrogance and greedy behaviour of these people.


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