Allow funds to be drawn from individual pension strictly for mortgage purpose.

When i calculate the amount of equity i could have gathered in a mortgage instead of renting, it is truly heart breaking. But getting a mortgage hasn't gotten much easier. Even with available schemes. Quite frankly, saving in the current economic state is mission impossible.

This petition closed on 6 Nov 2019 with 7 signatures


Reticulating Splines

You may be interested in these active petitions

1. Make the sex offender's registry publicly available to view for everyone. - 8,369 signatures
2. Require candidates for MP to be registered to vote and residents of the UK - 2,858 signatures
3. Allow Veterans who left before 1987 to claim compensation for hearing loss. - 10,135 signatures
4. Allow British Citizens by Descent to upgrade their citizenship - 2,951 signatures
5. Require social housing providers to allow XL bullies with exemption certificate - 4,816 signatures

However, if i was allowed to draw funds from my personal pension pot, i can get on the property ladder quicker, stop loosing money by renting versus paying to own my property. This will also mean i can continue to contribute to my pension pot(possibly at a higher rate) and begin to pay off my mortgage and gather equity.

There is no guarantee that we will live long enough to enjoy our pension but we can live in the now and present. I am positive that this will resonate with many others too.


Petition Signatures over time

Constituency Data

Reticulating Splines