First Time Buyers: Mortgages — Written Question

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 October 2025 to Question 81775 on , what assessment she has made of the potential impact of recent regulatory changes to mortgages by the FCA on the (a) average deposit required and (b)

Answer

Lucy Rigby

The UK benefits from a competitive mortgage market that offers various low deposit products; prospective buyers are encouraged to shop around and speak to a mortgage broker to find the best possible product for their circumstances. The government is commi...

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