Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether his Department is responsible for the comprehensive review of the mortgage market announced by the Prime Minister on 9 June; and when that review will be published.
The Government is committed to helping as many first-time buyers as possible onto the housing ladder, and we continue to work to understand what more can be done in this area.
The Prime Minister announced in June a package of policy measures designed to boost home ownership, which included looking at the mortgage market to understand its role in supporting first-time buyers. Working jointly with the Department of Levelling Up, Housing and Communities, we are examining how to take this work forward.