Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of 99% mortgages on house prices; and what steps he is taking to help mitigate that impact.
The Government regularly assesses data on the UK mortgage and housing market and engages with a range of stakeholders.
The Government remains committed to supporting people of all incomes and at all stages of life in order to make the aspiration of home ownership a reality for as many households as possible