United Kingdom · Question · Written question
UIN 84
Mortgages
Original
Introduced
19 December 2019
Last action
13 January 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
13 January 2020
Summary
To ask the Chancellor of the Exchequer, if he will review the lending requirements for mortgages to ensure the affordability of rents and repayments in relation to the current salary multiplier requirement.
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Timeline
19 December 2019
Written question
To ask the Chancellor of the Exchequer, if he will review the lending requirements for mortgages to ensure the affordability of rents and repayments in relation to the current salary multiplier requirement.
Source: Commons
13 January 2020
Answer
The Financial Conduct Authority’s (FCA) ‘Mortgage Market Review’ regulations are based on the principle that mortgages should only be advanced where there is a reasonable expectation that borrowers can repay. To provide new mortgage loans, all lenders mus...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2019-12-19/84
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1168280
- uk · wq-1168280 · source updated 13 January 2020