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Bring back self cert mortgages

Submitted on Thursday 11th January 2018

Rejected on Wednesday 17th January 2018

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Bring back self cert mortgages

Petition Details

If someone is paying £1,000 in rent each month, is it reasonable to assume that they can afford £500 mortgage repayments?
There are people out there with LTVs of 50 per cent that still can’t get a mortgage.
I’m asking to bring back sensible, common sense lending .


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This petition was rejected

The Government e-Petitions Team gave the following reason:

This is the responsibility of the Financial Conduct Authority, not the UK Government or Parliament. You can find out more about the FCA here:

www.fca.org.uk/

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