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Enable private renters to be granted a mortgage from the banks

Submitted on Monday 17th August 2020

Rejected on Friday 25th September 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Enable private renters to be granted a mortgage from the banks

Petition Details

More often than not as a private renter you are actually paying money per month than the average mortgage monthly amounts thus making the average household struggle to save enough money toward a big deposit or to build enough collateral to enquire about getting a mortgage through the banks,

Additional Information

I want Banks to enable private renters to have mortgage so that millions of people can finally get on the property ladder to own a home of their own,

If they can afford to pay more than your average monthly amount for rent then surely the banks can grant them a mortgage which on the UK average a mortgage is far cheaper than the average private rental monthly amount through estate agents / Private landlords


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. This is a decision for lenders.

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