Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what information his Department holds on the number of people who are in arrears on their residential mortgages.

There is a wide variety of data and statistics about the mortgage market in the UK available from the Bank of England (https://www.bankofengland.co.uk/statistics), the Financial Conduct Authority (https://www.fca.org.uk/data) and UK Finance (https://www.ukfinance.org.uk/data-and-research/data). These sources indicate that the level of arrears in residential mortgages remain low.

In June, the Chancellor working with lenders representing over 90% of the market agreed to our new Mortgage Charter, which includes new flexibilities to help customers manage their repayments.