Written Question·Treasury·UIN 23785
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 role of long-term fixed-rate mortgages in enabling more first-time buyers to get on the property ladder.
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...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 23785) →