Mortgages: Refugees

(asked on 19th June 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment his Department has made of the accessibility of mortgages for Ukrainian refugees with a time limited permission to stay in the UK.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 22nd June 2023

The pricing and availability of mortgages is ultimately a commercial decision for lenders in which the Government does not intervene. However, there is a wide variety of mortgage products available in the market for prospective buyers.

Arrivals from Ukraine have full recourse to public services, including schools and the NHS, and local authorities are provided with unringfenced funding to support their arrival and integration into the local community. The Ukraine visa schemes are some of the most generous humanitarian schemes in the world, and the UK has already welcomed over 170k people.

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