Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will take steps to include support for home owners struggling with mortgage commitments in the Budget.

This Government recognises that many households have been faced with higher mortgage rates in recent years. That is why we are committed to delivering economic stability to grow the economy and keep taxes, inflation and mortgage rates as low as possible.

The pricing of mortgages is a commercial decision for lenders in which the Government does not intervene. However, there are significant measures in place to protect vulnerable mortgage borrowers. Financial Conduct Authority (FCA) rules require lenders to engage individually with their customers who are struggling or who are worried about their payments, and the Mortgage Charter also remains in place providing additional flexibilities to help customers manage their mortgage payments over a short period.