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Make home mortgages based on a person's rental capacity as opposed to 5x Salary.

Submitted on Wednesday 22nd February 2017

Rejected on Friday 3rd March 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Make home mortgages based on a person's rental capacity as opposed to 5x Salary.

Petition Details

Mortgages have become unattainable due to Lenders not allowing people to borrow the equivalent of what a person is able to afford. I have a full time job with a reasonable salary and I can't buy, with a mortgage, the equivalent property value of what I can afford to rent.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

petition.parliament.uk/petitions/186565

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