Mortgages: Interest Rates

Summary

To ask the Chancellor of the Exchequer, whether he has made an assessment of the impact of interest rate rises on the affordability of mortgages for low-income mortgage holders.

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Timeline

1. 24 April 2024

   Written question

   To ask the Chancellor of the Exchequer, whether he has made an assessment of the impact of interest rate rises on the affordability of mortgages for low-income mortgage holders.

   Source: Commons

2. 29 April 2024

   Answer

   The path to lower interest rates is through low inflation, and the Government is fully committed to supporting the Bank of England get inflation back down to the 2% target, including by keeping borrowing under control. While the pricing of mortgages is ul...

   Source: Written answer

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• · Treasury · Answering body

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