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United Kingdom · Question · Written question

UIN 145841

Mortgages: Interest Rates

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 January 2021

Last action

3 February 2021 · Answer

Status

Answered

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Discovery layer

Source updated

3 February 2021

Summary

To ask the Chancellor of the Exchequer, what steps the Government has taken to ensure that base rate cuts are passed on by lenders to mortgage prisoners.

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

Timeline

  1. 29 January 2021

    Written question

    To ask the Chancellor of the Exchequer, what steps the Government has taken to ensure that base rate cuts are passed on by lenders to mortgage prisoners.

    Source: Commons

  2. 3 February 2021

    Answer

    The Financial Conduct Authority have written to all closed-book firms following the disruption caused by the COVID-19 pandemic, encouraging them to pass on base rate reductions in accordance with their fair treatment guidelines. Data released in July 2020...

    Source: Written answer

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