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United Kingdom · Question · Written question

UIN 195347

Mortgages: Interest Rates

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 July 2023

Last action

6 September 2023 · Answer

Status

Answered

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Discovery layer

Source updated

6 September 2023

Summary

To ask the Chancellor of the Exchequer, what steps his Department is taking to help support homeowners who are unable to make mortgage payments following increases in interest rates in the last 12 months.

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

Timeline

  1. 20 July 2023

    Written question

    To ask the Chancellor of the Exchequer, what steps his Department is taking to help support homeowners who are unable to make mortgage payments following increases in interest rates in the last 12 months.

    Source: Commons

  2. 6 September 2023

    Answer

    The pricing of mortgages is a commercial decision for lenders in which the Government does not intervene. However, we recognise this is a concerning time for mortgage borrowers. On Friday 23 June the Chancellor met with the UK’s largest mortgage lenders, ...

    Source: Written answer

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