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United Kingdom · Question · Written question

UIN 91069

First Time Buyers: Coronavirus

answeredUnited Kingdom· UK Parliament· EN

Introduced

16 September 2020

Last action

21 September 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

21 September 2020

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the covid-19 outbreak on the (a) mortgage rates and (b) range of mortgage products available to first-time buyers.

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

Timeline

  1. 16 September 2020

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the covid-19 outbreak on the (a) mortgage rates and (b) range of mortgage products available to first-time buyers.

    Source: Commons

  2. 21 September 2020

    Answer

    There has been a reduction in the number of products at all loan-to-value (LTV) levels as lenders have focused resources towards their existing customers requiring support. While this has limited the availability of higher LTV lending some products do rem...

    Source: Written answer

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