Introduce a Universal Partnership Mortgage with no compound interest for all.

Rejected 11 signatures

What the petition asks

Give the general population the same fair mortgage choice as Jewish borrowers (Heter Iska) and Muslim borrowers (Halal): a Universal Partnership Mortgage (UPM) – shared equity, no compound interest, available to all. #make usury choice.

FCA admits no data on Jewish partnership mortgages – a market failure. Three‑tier mortgage market: Jewish (Heter Iska, no compound interest), Muslim (Halal, no compound interest), general population (conventional compound interest). For a £200k home, general population pays £57k–£96k more. Renters' Rights Act (1 May 2026) forces 220,000 rental properties onto market, creating urgent demand for a fair product. Government must introduce a Universal Partnership Mortgage (UPM) – shared equity, no compound interest – for everyone, complying with the Public Sector Equality Duty (s.149 Equality Act 2010).

Why it was rejected

It was not clear what the petition asked the UK Government or Parliament to do.

Petitions need to call on the Government or Parliament to take a specific action.

We're not sure exactly what you'd like the Government or Parliament to do.

Banks can already offer these products and anyone can access them if they wish.

You may wish to submit a new petition asking the Government to provide this product, or to require all banks to offer it.

Timeline

30 Apr 2026	Petition opened for signatures
11 Jun 2026	Rejected by the Petitions Committee

Key facts

Signatures 11

Status Rejected

Rejected 11 Jun 2026

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