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Written question asked by James McMurdock (Independent (affiliation)) on Thursday, 9 July 2026, in the House of Commons. It was due for an answer on Monday, 13 July 2026. It was answered by Matthew Pennycook (Labour) on Friday, 17 July 2026 on behalf of the Ministry of Housing, Communities and Local Government.

Housing: Sales

Question

To ask the Secretary of State for Housing, Communities and Local Government, with reference to the Ministry of Housing, Communities and Local Government's press release entitled Homebuying shake-up to slash delays, cut costs and stop sales falling through, published on 19 June 2026, what discussions he has had with mortgage lenders regarding the proposed earlier binding agreements.

Answer

I refer the hon. Member to the home buying and selling reform roadmap published on 19 June, which can be found on gov.uk here.

The roadmap was informed by a consultation undertaken between 6 October and 29 December 2025, which can be found on gov.uk here, and extensive engagement with lenders and other property professionals.

The consultation referenced above set out the impact of the proposals in question. Further impact assessment will be carried out as the individual measures in the roadmap are brought forward. The roadmap commits the government to tracking the impact of reforms as they are implemented and we will continue to use industry data to monitor transactions times and numbers of failed transactions.

Secondary information

Type
Written question
Reference
17678
Session
2026-27
Grouped for answer
Yes
Subjects
Housing Mortgages Reform Sales
Link
View this Written question on www.parliament.uk