Written Question·Treasury·UIN 195553
Credit Unions
Tabled: 20 July 2023
Answered: 6 September 2023
Question
Stephanie Peacock
Labour — Barnsley South
To ask the Chancellor of the Exchequer, with reference to increased mortgage interest rates, what steps his Department is taking to promote credit unions.
Answer
Andrew GriffithThe pricing of mortgages is a commercial decision for lenders, including relevant credit unions, in which the Government does not intervene. However, we recognise this is a concerning time for mortgage borrowers. On Friday 23 June the Chancellor met with ...
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