Written Question·Treasury·UIN 118685
Mortgages
Tabled: 9 March 2026
Answered: 17 March 2026
Question
Sir Mark Hendrick
Labour (Co-op) — Preston
To ask the Chancellor of the Exchequer, what assessment her department has made of the impact of increasing oil and gas prices on fixed-rate mortgages in light of the conflict in Iran; and what steps her department will take to support homeowners affected
Answer
Lucy RigbyThe government does not comment on specific market movements. It is normal for sterling markets to vary in response to global developments. Mortgage rates, which are influenced by a range of factors, are a commercial matter for lenders in which the Govern...
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