Written question asked by Alan Simpson (Labour) on Wednesday, 9 December 2009, in the House of Commons. It was due for an answer on Monday, 14 December 2009. It was answered by Sarah McCarthy-Fry (Labour) on Tuesday, 5 January 2010 on behalf of the Treasury.

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Banks: Loans

Question

To ask the Chancellor of the Exchequer what recent estimate he has made of the number of banks which have secured the agreement of customers to long-term fixed-rate mortgages for periods during which such banks had forecast that interest rates would be reduced in each of the last three years; and what his policy is on that practice.

Answer

The Government do not hold this information.

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Secondary information

Type

Written question

Reference

503 c154W; 306889

Session

2009-10

Subjects

Mortgages

Link

View this Written question on www.publications.parliament.uk