Question to the HM Treasury:
To ask His Majesty's Government what steps they are taking to support the extension of long-term fixed-rate mortgage options to borrowers.
The pricing and availability of mortgages is a commercial decision for lenders in which the Government does not intervene.
However, lenders in the UK already do offer this type of mortgage product, and those looking to take out a long-term fixed rate mortgage are encouraged to shop around and speak to a broker to find the best possible product for them.