Oral Answers to Questions

Debate between John Glen and Julian Sturdy

Tuesday 2nd July 2019 Commons Chamber

[Julian Sturdy (York Outer) (Con)]

T6.   My constituent Karen Harrison-Taylor’s parents are among the tens of thousands of pensioners who are stranded in their homes due to shared appreciation mortgages saddling them with debts of up to nine times their original loan. What steps are being taken to assist those who are unfairly tied up in these schemes?

[The Economic Secretary to the Treasury (John Glen)]

Borrowers who believe that they have been mis-sold a shared appreciation mortgage are able to take their complaint to the Financial Ombudsman Service. The Government are unable to comment on group action cases relating to this issue as we have no role in deciding whether cases may be heard in court. I note that the annual review of the Financial Ombudsman Service in 2003-04 said that in most cases it had not upheld complaints of shared appreciation mortgage mis-selling due to the information being satisfactory. That is the situation at the moment.

Oral Answers to Questions

Debate between John Glen and Julian Sturdy

Tuesday 5th March 2019 Commons Chamber

[John Glen]

The Government have been very responsive to representations over the last two Budgets. There are 637,000 fewer children in workless households than in 2010. We made a number of interventions in the last Budget to increase the availability of interest-free advance loans to those who need them. We are listening, and continue to listen, to the concerns of the sector.

[Julian Sturdy (York Outer) (Con)]

14. What fiscal steps he is taking to increase economic productivity.

Flood Insurance

Debate between John Glen and Julian Sturdy

Tuesday 26th March 2013 Commons Chamber

[John Glen (Salisbury) (Con)]

My constituent Sarah McKerlie told me just a few days ago that the sale of her property has fallen through three times because of the ambiguous risk. The current uncertainty is leading to irrational behaviour that does not necessarily relate to insurability. This uncertainty needs to end, so that people can sell their properties. It is a real blight and is causing major distress to many people.

[Julian Sturdy]

I entirely agree with my hon. Friend. I have a number of constituents in the same boat who bring the same concerns to me.

Given that the statement of principles comes to an end in June, the future looks very uncertain for many of my constituents and those of Members throughout the House, so I welcome the motion today. I want to focus on a village in my constituency situated to the south of York, on the banks of the River Ouse. Large parts of Naburn are at a significant risk of flooding. Late last year, I was contacted by a Naburn resident who informed me that, over the past 37 years, his property has been badly flooded on four separate occasions. In the six months since last autumn’s terrible wet weather, some homes in Naburn have been flooded numerous times. Thankfully, the people of Naburn have a strong sense of community spirit. They are Yorkshire folk, after all, and they are starting to pull together to do all they can to reduce their collective flood risk.

Following a public meeting in the village in November, the parish council and a group of interested residents set up a working group to investigate inexpensive and cost-effective measures that they can swiftly enact to help them deal with flooding before it affects their properties.