Mortgage Charter
Debate between Liz Saville Roberts and Jeremy Hunt
Monday 26th June 2023
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(1 year, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Jeremy Hunt
I am absolutely delighted to give that confirmation.
Liz Saville Roberts (Dwyfor Meirionnydd) (PC)
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
We will do everything we possibly can to help people in difficulties, except measures that are themselves inflationary.