Have your say on government e-petitions

Enforce a ban on Buy-to-Let mortgages for both private investors and companies.

Submitted on Tuesday 22nd August 2023

Rejected on Wednesday 30th August 2023

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Enforce a ban on Buy-to-Let mortgages for both private investors and companies.

Petition Details

Buy-to-let mortgages fuel property accumulation by investors, intensifying competition for first-time buyers. Government action to ban these mortgages would prioritize housing as a necessity, not a profit, fostering fairness and equal access in the housing market.

Additional Information

Buy-to-let mortgages exacerbate housing inequality. Investors and affluent individuals amass properties, driving up prices and hindering first-time buyers. Banning them promotes fair access, prevents property speculation, and ensures housing serves its primary purpose: providing shelter, not profit.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

The types of mortgage products available are a matter for individual lenders, not the UK Government or Parliament. We could accept a petition calling for a ban on private landlords, if that's something that you'd like to see.

We have also published this petition which you may wish to sign:
Nationalise private rental properties: petition.parliament.uk/petitions/636732

Have your say on this petition!

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