Northern Rock: Mortgages

Treasury written question – answered on 21st April 2008.

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Photo of Christopher Huhne Christopher Huhne Shadow Secretary of State for Home Affairs, Home Affairs, Shadow Secretary of State for Justice & Lord Chancellor, Ministry of Justice

To ask the Chancellor of the Exchequer what assessment he has made of whether mortgages classified by Northern Rock as undergoing a voluntary payment holiday are correctly so classified.

Photo of Angela Eagle Angela Eagle The Exchequer Secretary, Member, Labour Party National Executive Committee

Northern Rock's policy on payment holidays has been considered by the Financial Services Authority as part of its supervision of the bank.

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