United Kingdom · Question · Written question
UIN 134093
Mortgages
Introduced
3 March 2022
Last action
14 March 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
14 March 2022
Summary
To ask the Chancellor of the Exchequer, pursuant to the Answer of 28 February 2022 to Question 125543, on Mortgages, what estimate he has made of the total number of lifetime mortgage customers who could benefit from switching to plans on lower interest r
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Timeline
3 March 2022
Written question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 28 February 2022 to Question 125543, on Mortgages, what estimate he has made of the total number of lifetime mortgage customers who could benefit from switching to plans on lower interest r
Source: Commons
14 March 2022
Answer
Lifetime mortgages are a form of equity release scheme which may be an appropriate option for some homeowners wishing to withdraw equity while remaining in their home. The interest rates charged on lifetime mortgage products are typically fixed for the du...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-03-03/134093
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1437811
- uk · wq-1437811 · source updated 14 March 2022