Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fiscal steps he is taking to help facilitate the entry of new lenders offering long-term fixed rate mortgages backed by institutional bonds to the market.

The pricing and availability of mortgages is a commercial decision for lenders in which the Government does not intervene.

However, lenders in the UK already do offer this type of mortgage product, and those looking to take out a long-term fixed rate mortgage are encouraged to shop around and speak to a broker to find the best possible product for them.