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United Kingdom · Question · Written question

UIN 69530

Mortgages

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 October 2022

Last action

27 October 2022 · Answer

Status

Answered

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Discovery layer

Source updated

27 October 2022

Summary

To ask the Chancellor of the Exchequer, whether his Department plans to introduce new measures to support mortgage prisoners in response to increases in the (a) base rate and (b) cost of living.

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Timeline

  1. 24 October 2022

    Written question

    To ask the Chancellor of the Exchequer, whether his Department plans to introduce new measures to support mortgage prisoners in response to increases in the (a) base rate and (b) cost of living.

    Source: Commons

  2. 27 October 2022

    Answer

    The Financial Conduct Authority’s (FCA) review into mortgage prisoners, published in November 2021, found that there are 47,000 mortgage prisoners who might benefit from switching to a new mortgage deal but are considered too high risk to do so, despite b...

    Source: Written answer

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