No credit check mortgages — 6 signatures. Status: rejected.
For years, landlords, letting agencies and housing associations have profited from people who can’t get a mortgage. RIP OFF BRITAIN at its finest.
The banks say “no we aren’t lending you X amount of money to buy your own house even though your giving us 5 or 10% upfront which is our profit anyway but you can pay your landlords mortgage for them instead and let them profit from you” . Rent a house for £1500 instead of paying less for your own they say ! We need a mortgage with no credit checks what so ever. All that should be required is proof you’ve paid rent on time for a full year for full acceptance with normal interest rates.
View this petition on the official UK Parliament website