PETITIONRejectedPetition · petition.parliament.uk

force banks to offer morages that are repayable to stop big companys doing so

force banks to give morages Under this policy: Mortgage value is fixed in minimum-wage hours at the time of agreement Total repayment = 190% of the loan, reflecting 3% simple interest over 30 years Borrowers repay the loan in money, but the amount owed each year is based on thecurrentminimumwage

Signatures

signatures

Government response threshold (10,000) · 6/10,000

Debate threshold (100,000) · 6/100,000

Petition progress2 events · Oct – Dec 2025

02 DEC 2025
Petition rejected
irrelevant
We can only accept petitions about things the Government or Parliament are directly responsible for. Decisions about the repayment or mortgages are a matter for individual lenders, not the UK Government or Parliament. We could accept a petition calling for the UK Government to fund or set up a specific government mortgage scheme. For example, we currently have this petition open: Public mortgage scheme for first-time buyers with fixed interest & minimum term: https://petition.parliament.uk/petitions/733214
30 OCT 2025
Petition created

Background

This ensures mortgages track real workers’ earnings, not bank profit targets.
It gives working people a stable, fair path to home ownership and prevents financial exploitation.

There is also growing concern that large corporations and investment funds are buying up housing stock, risking a future where ordinary people can no longer afford to own homes. This policy protects citizens and preserves a homeowner society, rather than a corporate-landlord nation.