Written Question·Treasury·UIN 101485
Motor Vehicles: Credit
Tabled: 18 December 2025
Answered: 7 January 2026
Question
Mr Richard Holden
Conservative — Basildon and Billericay
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Financial Conduct Authority’s proposed Motor Finance Consumer Redress Scheme on the future affordability of motor finance for consumers.
Answer
Lucy RigbyIt is vital that consumers have access to motor finance to enable them to spread the cost of a vehicle in a way that is manageable and affordable. The Government wants to see this issue resolved in an efficient and orderly way that provides certainty for ...
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