Written Question·Treasury·UIN 19891
Property: Valuation
Tabled: 12 December 2024
Answered: 19 December 2024
Question
Nick Timothy
Conservative — West Suffolk
To ask the Chancellor of the Exchequer, if she will have discussions with representatives from the banking sector on the adequacy of property valuations for mortgage applications.
Answer
Tulip SiddiqThe Government is regularly in contact with mortgage lenders on all aspects of their business, including the mortgage application process. The specific details of how property valuations are carried out for mortgage applications is a commercial decision f...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 19891) →