Petitions/Introduce a low interest deposit loan to help all first time buyers
StatusClosed
Opened29 Nov 2024
Closes29 May 2025
Government response
Parliamentary debateNot eligible
Milestones

We think there is a housing crisis in this country and there are millions of young, working people who are unable to afford the most basic of life essentials - a home. We think the government needs to implement a proper scheme to support these people in the form of a low interest deposit loan.

We think it is fundamentally wrong that the age of first-time buyers in the UK is now in the mid 30s. We believe these are individuals who work incredibly hard and still cannot afford a home, against a backdrop of regulations that allow substantial rental-only private developments, or similar such business ventures that we think exploit people who need housing but cannot afford to buy. We think it’s time for the government to take urgent, radical action to help these people secure a stable future.

10,000
100,000

Constituency engagement ranking

Olivia Blake
1Olivia Blake MP
Sheffield Hallam
4
Neil Coyle
2Neil Coyle MP
Bermondsey and Old Southwark
2
Dr Rupa Huq
3Dr Rupa Huq MP
Ealing Central and Acton
2
Alberto Costa
4Alberto Costa MP
South Leicestershire
2
Dr Andrew Murrison
5Dr Andrew Murrison MP
South West Wiltshire
2
Mark Garnier
6Mark Garnier MP
Wyre Forest
2
Dan Jarvis
7Dan Jarvis MP
Barnsley North
1
Liam Conlon
8Liam Conlon MP
Beckenham and Penge
1
Liz Twist
9Liz Twist MP
Blaydon and Consett
1
Natalie Fleet
10Natalie Fleet MP
Bolsover
1