Mortgages

(asked on 12th January 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what representations he has made to the Financial Policy Committee of the Bank of England and the Financial Conduct Authority on problems faced by mortgage holders wishing to port their mortgage.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 19th January 2015

The new mortgage regulations are the responsibility of the independent Financial Conduct Authority, who are engaging with industry to ensure a common sense approach to their new rules. Treasury officials are in regular contact with counterparts at the Bank of England and the Financial Conduct Authority on a wide range of mortgage issues.

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