Written Question·Treasury·UIN 192119
Mortgages: Interest Rates
Tabled: 3 July 2023
Answered: 10 July 2023
Question
Rachael Maskell
Labour (Co-op) — York Central
To ask the Chancellor of the Exchequer, if he will have discussions with mortgage providers on the potential merits of allowing their customers to adjust their fixed rate mortgages before their term has expired.
Answer
Andrew GriffithOn Friday 23 June the Chancellor met with the UK’s largest mortgage lenders, UK Finance and the Financial Conduct Authority to discuss how lenders will provide support for those who encounter problems keeping up with their mortgage payments. At this meeti...
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