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United Kingdom · Question · Written question

HL HL3045

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answeredUnited Kingdom· UK Parliament· EN

Introduced

5 March 2024

Last action

12 March 2024 · Answer

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Answered

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Discovery layer

Source updated

12 March 2024

Summary

To ask His Majesty's Government what steps they are taking to support property owners facing challenges in refinancing against lower property values.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 March 2024

    Written question

    To ask His Majesty's Government what steps they are taking to support property owners facing challenges in refinancing against lower property values.

    Source: Lords

  2. 12 March 2024

    Answer

    The most comprehensive measure of average house prices in the UK is published by the Office for National Statistics. The vast majority of mortgage lenders have signed a voluntary industry agreement that allows their borrowers to secure a new fixed-rate de...

    Source: Written answer

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