Ban UK Property Funds

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Petition Action

Ban UK Property Funds

Petition Details

Investment funds which specialise in purchasing and renting property should be made illegal.

Additional Information

The average home in the UK costs £231,855. This represents approximately 10 years’ worth of earnings (after tax) for the average citizen. This in mortgage terms can equate to up to 30 years of work to own a home in this country. With wages expected to be stagnant over the coming years due to economic diversity globally, public/private listed funds owning properties to rent and provide shareholder income/capital growth is unsatisfactory.

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