force banks to offer morages that are repayable to stop big companys doing so — 6 signatures. Status: rejected.
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
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.
View this petition on the official UK Parliament website