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Mortgages: Older People

Question for Treasury

UIN HL2688, tabled on 21 February 2024

To ask His Majesty's Government what steps they are taking to identify the primary factors contributing to the recent decline in mortgage lending to borrowers aged over 55 in the UK.

Answered on

29 February 2024

The Government is regularly in contact with mortgage lenders on all aspects of their mortgage business to understand their position and current lending conditions.

Answered by

Treasury