Mortgages

Communities and Local Government written question – answered on 20th May 2008.

Alert me about debates like this

Photo of Ben Chapman Ben Chapman Labour, Wirral South

To ask the Secretary of State for Communities and Local Government what recent discussions she has had with the mortgage industry on the cost of mortgages and likely trends in the number of repossessions.

Photo of Caroline Flint Caroline Flint Minister of State (Department of Communities and Local Government) (Housing)

The Chancellor of the Exchequer, the Chief Secretary to the Treasury and I met with the mortgage and lending industry on 22 April to discuss what the industry can do to support borrowers in difficulty during the current period of turbulence in global financial markets.

Appropriate meetings are happening and will be arranged, to continue the useful exchange of information and agree action to be taken.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.