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United Kingdom · Question · Written question

UIN 110544

Mortgages: Interest Rates

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 December 2022

Last action

20 December 2022 · Answer

Status

Answered

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Discovery layer

Source updated

20 December 2022

Summary

To ask the Chancellor of the Exchequer, if he will make it his policy to assist mortgage-holders on variable rates, whose mortgages have increased significantly since the September 2022 Growth Plan by requiring lenders to (a) extend the repayment term and

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Timeline

  1. 14 December 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will make it his policy to assist mortgage-holders on variable rates, whose mortgages have increased significantly since the September 2022 Growth Plan by requiring lenders to (a) extend the repayment term and

    Source: Commons

  2. 20 December 2022

    Answer

    The pricing and availability of loans is a commercial decision for lenders in which the Government does not intervene. However, HM Treasury is regularly in contact with mortgage lenders on all aspects of their mortgage business to understand their positio...

    Source: Written answer

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