Mortgage Market

Debate between Neil Coyle and Andrew Griffith

Tuesday 13th June 2023 Commons Chamber

[Andrew Griffith]

I can absolutely reassure the hon. Gentleman that the Government are focused on his constituents, even if his colleagues find it useful to ask the same question again and again. We are focused on not making the sort of unfunded spending commitments—such as the £28 billion that the right hon. Member for Leeds West (Rachel Reeves) herself described as “reckless”—that would really cause difficulties for mortgage holders in Chesterfield and across the United Kingdom.

[Neil Coyle (Bermondsey and Old Southwark) (Lab)]

Given the jump in mortgage arrears, and to help everyone who is struggling to pay the Tory surcharge on their mortgages since the disastrous mini-Budget, is the Minister considering increasing access to mortgage interest relief?

[Andrew Griffith]

There are no plans to change that. Those are matters for fiscal events and for the Chancellor.