Written Question·Treasury·UIN 23784
Mortgages: First Time Buyers
Tabled: 14 January 2025
Answered: 21 January 2025
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increased availability of long-term fixed-rate mortgages on first-time buyers.
Answer
Emma ReynoldsWhile the design and availability of mortgages is a commercial decision for lenders in which the Government does not intervene, this Government welcomes innovation in the mortgage market, particularly where this provides borrowers with the greatest choice...
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