Submitted on Wednesday 5th July 2023
Rejected on Monday 10th July 2023
Current status: Rejected
Rejection code: irrelevant (see below for details)
Stop raising interest rates to unaffordable repayment levels
Intervene and support homeowners and renters form unrealistic increases to monthly repayments
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 only accept petitions about things the Government or Parliament are directly responsible for.
Decisions about base interest rates are a matter for the Bank of England, not the UK Government or Parliament. Similarly, decisions about interest rates for mortgages are a matter for lenders, not the Government or Parliament.
Many mortgage lenders have agreed to new commitments to support borrowers to help them through this difficult period. You can find out more about these commitments here: www.gov.uk/government/publications/mortgage-charter/mortgage-charter
We have also published the following petitions, which you might like to sign:
Allow people to pay their mortgage through salary sacrifice: petition.parliament.uk/petitions/633889
Provide Tax Relief on Mortgage Interest for Single Homeowners: petition.parliament.uk/petitions/638542
Take back control of interest rates from the Bank of England: petition.parliament.uk/petitions/639682
3.141.31.178 Thu, 07 Nov 2024 16:41:27 +0000