Mortgages
(asked on 16th January 2025) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what steps they are taking to ensure mortgage rates remain affordable for customers.
This question was answered on 21st January 2025
The pricing of mortgages is a commercial decision for mortgage lenders in which the Government does not intervene.
At present, average mortgage rates are well below the recent peaks seen in Summer 2023 and Autumn 2022.