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United Kingdom · Question · Written question

UIN 83911

Mortgages: Coronavirus

answeredUnited Kingdom· UK Parliament· EN

Introduced

1 September 2020

Last action

7 September 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

7 September 2020

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending mortgage repayment holidays during the covid-19 outbreak.

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

Timeline

  1. 1 September 2020

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending mortgage repayment holidays during the covid-19 outbreak.

    Source: Commons

  2. 7 September 2020

    Answer

    The Government is working closely with the Financial Conduct Authority (FCA) on next steps for mortgage payment holidays. Currently borrowers that are in financial difficulty as a result of COVID-19 can take out a new 3-month mortgage holiday until 31 Oct...

    Source: Written answer

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