Mortgages

Ministry of Housing, Communities and Local Government written question – answered on 16th July 2020.

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Photo of Gareth Thomas Gareth Thomas Shadow Minister (International Trade)

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 2 July 2020 to Question 64062, whether he has had further discussions with mortgage lenders on plans for mortgage valuations on properties under 18 meters; what plans he has to monitor the outcome of reviews of policies and guidance to valuers by mortgage lenders; who attended the roundtable meeting with mortgage lenders on 25 June 2020; and if he will make a statement.

Photo of Christopher Pincher Christopher Pincher Minister of State (Housing, Communities and Local Government)

Further to the round table on 25 June, the Minister for Building Safety intends to hold a further lender roundtable, with the addition of the Royal Institution of Chartered Surveyors and UK Finance, to monitor and facilitate progress on valuation and lending policies for properties under 18 metres.

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