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Stop mortgage lenders discriminating on how long you’ve had a bank account.

Submitted on Saturday 19th May 2018

Rejected on Thursday 24th May 2018

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Stop mortgage lenders discriminating on how long you’ve had a bank account.

Petition Details

Mortgage lenders determine financial stability by looking at how long you’ve been with your bank, among various other complex factors.

High street banks promote a switching culture, enticing customers to bank with them in exchange for money. This results in an apparent weaker financial stability.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Mortgage rules are the responsibility of the Financial Conduct Authority, which is independent.

You can find out more here:

www.fca.org.uk/consumers/affording-mortgage

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