Asked by: Lord Reid of Cardowan (Labour - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government whether they have undertaken an impact assessment on the effects of any scheme to provide 99 per cent mortgages on the housing market.
Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)
The Government does not comment on theoretical schemes but continues to keep policy under review. The Government remains committed to supporting people of all incomes and at all stages of life in order to make the aspiration of home ownership a reality for as many households as possible.
Asked by: Lord Reid of Cardowan (Labour - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government what plans they have to introduce a scheme providing for 99 per cent mortgages.
Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)
The Government does not comment on theoretical schemes but continues to keep policy under review. The Government remains committed to supporting people of all incomes and at all stages of life in order to make the aspiration of home ownership a reality for as many households as possible.