Submitted on Wednesday 12th July 2023
Rejected on Monday 17th July 2023
Current status: Rejected
Rejection code: no-action (see below for details)
Lobby UK BTL lenders/ banks/ funders & the Financial Conduct Authority.
Landlords & investors are finding it almost impossible to refinance existing properties, or indeed purchase new BTL properties, which is stifling the investment sector and more importantly the surrounding industries related and reliant on the UK BTL market.
The property sector is an integral part of the economy, this problem is not specific to landlords/ investors, for example builders, carpenters, plumbers, electricians, architects, planning consultants, builders merchants, estate agents, mortgage Brokers, Insurance Brokers. The increased costs with owning BTL property will ultimately be passed onto to the hard-working people that rent in the UK. In may also lead to a temporary shortage of available housing, something nobody wants to see happen. We need creative and decisive action to be taken immediately by the government and UK banking sector.
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:
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you're concerned about the buy to let market, but we're not sure exactly what you'd like the Government or Parliament to do.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
18.191.150.192 Thu, 07 Nov 2024 14:44:58 +0000
