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United Kingdom · Question · Written question

UIN 36897

Mortgages

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 March 2025

Last action

12 March 2025 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

12 March 2025

Summary

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of interest only mortgages on financial planning for borrowers.

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

Timeline

  1. 10 March 2025

    Written question

    To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of interest only mortgages on financial planning for borrowers.

    Source: Commons

  2. 12 March 2025

    Answer

    The Financial Conduct Authority (FCA) has responsibility for the day-to-day operation of the residential mortgage market, including the regulation of interest only mortgages. Following research and analysis published in August 2023, the FCA is reviewing i...

    Source: Written answer

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