Credit
Commons · Question 24612 · Tabled 28 Aug 2026 · Treasury · Official record
Answered 4 Sep 2026
Question
Asked by Rachel Gilmour
To ask the Chancellor of the Exchequer, what assessment has the Government made of whether lenders' published eligibility criteria for interest-only and part-interest arrangements are attainable for borrowers in financial difficulty who are not high-net-w
Answer
Answered by Lucy Rigby, 4 Sep 2026
The Government recognises the difficulties faced by mortgage borrowers experiencing financial difficulty. The Financial Conduct Authority requires lenders to engage individually with customers who are struggling or worried about their payments in order to...