Written questions

Equity Release: Misrepresentation

Commons · Question 13095 · Tabled 6 Nov 2024 · Treasury · Official record

Answered 12 Nov 2024

Question

Asked by Sir Ashley Fox

To ask the Chancellor of the Exchequer, how many cases of mis-sold Equity Release schemes have been referred to the Financial Ombudsmen in the last two years.

Answer

Answered by Tulip Siddiq, 12 Nov 2024

This is a matter for the Financial Ombudsman Service (FOS), which is an independent, non-governmental body. The FOS will respond to the Honourable Member by letter, and a copy of the letter will be placed in the Library of the House of Commons.