Mortgage Charter Debate

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Department: HM Treasury

Mortgage Charter

Liz Saville Roberts Excerpts
Monday 26th June 2023

(1 year, 5 months ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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I am absolutely delighted to give that confirmation.

Liz Saville Roberts Portrait Liz Saville Roberts (Dwyfor Meirionnydd) (PC)
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During the 2008 credit crunch, Plaid Cymru, as part of the One Wales Government, developed a mortgage rescue scheme. Through the co-operation agreement, we have now secured £40 million to support Welsh mortgage holders in difficulty. People look to Government to help them to keep their homes in a crisis. Will the Chancellor follow where Plaid Cymru led and implement direct protections for those hardest hit by interest rate increases?

Jeremy Hunt Portrait Jeremy Hunt
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We will do everything we possibly can to help people in difficulties, except measures that are themselves inflationary.