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United Kingdom · Question · Written question

UIN 106901

Buildings: Insulation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

21 October 2020

Last action

2 November 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

2 November 2020

Summary

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential exposure of banks in respect of buildings owned by banks that have flammable cladding.

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Timeline

  1. 21 October 2020

    Written question

    To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential exposure of banks in respect of buildings owned by banks that have flammable cladding.

    Source: Commons

  2. 2 November 2020

    Answer

    HM Treasury would not routinely assess banks’ exposures to mortgages in the UK on properties with potentially combustible cladding. Lenders account for exposures to potentially combustible cladding by developing their own policy based on a number of facto...

    Source: Written answer

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