Written Question·Treasury·UIN 36897
Mortgages
Tabled: 10 March 2025
Answered: 12 March 2025
Question
Manuela Perteghella
Liberal Democrat — Stratford-on-Avon
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of interest only mortgages on financial planning for borrowers.
Answer
Emma ReynoldsThe Financial Conduct Authority (FCA) has responsibility for the day-to-day operation of the residential mortgage market, including the regulation of interest only mortgages. Following research and analysis published in August 2023, the FCA is reviewing i...
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