Make mortgage lenders consider rent as proof of affordability
We think that mortgages are hard to apply for and banks often lend less than you need due to deposit limitations.
Signatures
73
signatures
Government response threshold (10,000) · 73/10,000
Debate threshold (100,000) · 73/100,000
- 13 SEPT 2025Petition closedFinal total: 73 signatures
- 13 MAR 2025Petition opened for signatures
Background
We want the Government to legislate for banks take the rent you currently pay as evidence of what you can afford into consideration when offering a mortgage.
We feel that affording to get on the property ladder is next to impossible. We believe the affordable housing schemes, even with discounts, are unattainable for many. We also think that shared ownership schemes could result in paying more than the market rate for rent.