Oral Question·Department for Digital, Culture, Media and Sport
“If she will make a statement on her departmental responsibilities.”
Tabled: 9 November 2021Answered: 18 November 2021
Asked by
Alex Norris
Labour (Co-op) — Nottingham North and Kimberley
Answering Minister
the Secretary of State for Digital, Culture, Media and Sport
Answer from Hansard
The Economic Secretary to the Treasury (Emma Reynolds)
Lifetime mortgages have been regulated by the FCA since 2004. Those rules provide robust consumer protections, including requiring lenders to engage and provide tailored support to all their customers.