Petition · past parliament · HM Treasury
Allow affordable monthly repayments for Help to Buy equity loans
Closed
60 signatures
What the petition asks
First-time buyers can become trapped in the Help to Buy scheme and not able to repay the equity loan, as the scheme just allow repayments over 10% of the value of the property. It is very hard to save the money to make these large payments and there are a lot of fees included.
Help to buy should be a scheme where the first-time buyers can make affordable monthly repayments like a mortgage. Some first-time buyers feel they have to sell their home after five years because they cannot afford to pay a sum of over 10%.
Timeline
| 30 Mar 2021 | Petition opened for signatures |
| 30 Sep 2021 | Closed to new signatures |
Key facts
Signatures
60
Status
Closed
Department
HM Treasury
Opened
30 Mar 2021
Closed
30 Sep 2021
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Source: the official petition page. Last checked 15 Jul 2026.