United Kingdom · Question · Written question
UIN 45313
First Time Buyers: Mortgages
Original
Introduced
2 September 2022
Last action
20 September 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
20 September 2022
Summary
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of encouraging mortgage lenders to use rental payments as proof of affordability for younger people applying for a mortgage to purchase a first home.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 September 2022
Written question
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of encouraging mortgage lenders to use rental payments as proof of affordability for younger people applying for a mortgage to purchase a first home.
Source: Commons
20 September 2022
Answer
The Government is committed to helping as many first-time buyers as possible get onto the housing ladder and agrees that a history of paying rent should be able to help with this. In 2017, the Government launched the Rent Recognition Challenge: a £2 milli...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-09-02/45313
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1503623
- uk · wq-1503623 · source updated 20 September 2022