Submitted on Friday 2nd April 2021
Rejected on Tuesday 20th April 2021
Current status: Rejected
Rejection code: irrelevant (see below for details)
Instruct mortgage lenders to accept Furlough as a form of genuine income.
Look at ways the banking sector can have assurances from the government that lending money for mortgages to taxpayers currenrly on or have been on Furlough will not be seen as a high risk.
This is potential crisis that will leave millions of taxpayers stuck on higher rate mortgages.
During the banking crisis of 2008 which was the result of careless and reckless management on the bankers part, the government bailed the banks out with millions if not billions of pounds of taxpayers money. Fast forward to 2020/2021 in the middle of the Covid-19 with many taxpayers on Furlough, the banks are refusing mortgages for genuine hard working taxpayers because they refuse to accept the Furlough scheme as a form of income. This is immensely unfair and needs to be addressed.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
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 mortgage providers.
3.16.218.62 Tue, 30 Apr 2024 13:57:47 +0100
