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United Kingdom · Question · Written question

UIN 23657

Support for Mortgage Interest

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 April 2024

Last action

2 May 2024 · Answer

Status

Answered

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Discovery layer

Source updated

2 May 2024

Summary

To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential merits of reverting Support for Mortgage Interest from an interest-bearing loan to (a) an interest free loan and (b) a grant.

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Timeline

  1. 24 April 2024

    Written question

    To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential merits of reverting Support for Mortgage Interest from an interest-bearing loan to (a) an interest free loan and (b) a grant.

    Source: Commons

  2. 2 May 2024

    Answer

    Support in the form of loans meets the policy objective of averting the threat of repossession but in a way that provides a fairer balance between the needs of the individual and the burden on taxpayers, many of whom are unable to afford a mortgage of the...

    Source: Written answer

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