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United Kingdom · Question · Written question

UIN 61886

Mortgages: Interest Rates

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 October 2022

Last action

21 October 2022 · Answer

Status

Answered

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Discovery layer

Source updated

21 October 2022

Summary

To ask the Chancellor of the Exchequer, what steps his Department is taking to help protect people from rises in mortgages rates.

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

Timeline

  1. 12 October 2022

    Written question

    To ask the Chancellor of the Exchequer, what steps his Department is taking to help protect people from rises in mortgages rates.

    Source: Commons

  2. 21 October 2022

    Answer

    Around 75% of residential mortgage borrowers are on fixed-rate deals and are therefore shielded from interest rate rises in the short term. However, the Government has already taken immediate action to help households through the Energy Price Guarantee an...

    Source: Written answer

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