PETITIONClosedPetition · petition.parliament.uk
Encourage banks not to refuse mortgages for properties with high service charge
There have been reports that some banks are not providing mortgages on some properties with high service charges. I urge the government to intervene.
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
29
signatures
Government response threshold (10,000) · 29/10,000
Debate threshold (100,000) · 29/100,000
Background
With increasing compliance and fire inspection costs, utilities and contractor fees, it has caused some service charges to rise to more than 1% of the value of the apartment.
Given that banks have been bailed out by taxpayers multiple times, we think it is time for the government to support trapped sellers in return.