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Devalue total UK Mortgage & Housing Valuations by up to 30%

Submitted on Thursday 27th October 2011

Published on Monday 31st October 2011

Current status: Closed

Closed: Tuesday 31st January 2012

Signatures: 1

Tagged with

Economy ~ Money ~ UK ~ UK economy

Petition Action

Devalue total UK Mortgage & Housing Valuations by up to 30%

Additional Information

Reduce all of UKs Mortgages and Property valuations by same % rate up to 30%.
Govt to pay the banks the %, thus giving banks money to loan to small business.
also as a direct result, overnight everyone in the UK who has a mortgage would have up to 30% freed up capital to spend in the UK economy.
This may be applied to rents as well to make it fair for all.
Instant solution that could be implemented very quickly.
Oil in the gears of a very stuck economy.


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