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
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
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.