Oral Answers to Questions

Debate between David Linden and Jeremy Hunt

Tuesday 14th November 2023 Commons Chamber

[David Linden (Glasgow East) (SNP)]

The Westminster-made cost of living crisis is having a devastating impact on household incomes, particularly in Broomhouse, where many young homeowners are seeing mortgage prices soaring. Will the Chancellor use the autumn statement to introduce mortgage interest tax relief to help people across Glasgow to deal with the cost of living crisis?

[Jeremy Hunt]

As the hon. Gentleman knows, we have taken enormous steps over the past year to help families throughout Scotland to deal with cost of living pressures. If he really thinks that people in Scotland believe that this was a “made in Westminster” problem, when we have experienced an invasion of Ukraine and a global pandemic, I simply say to him in return that after 16 years of SNP rule, GDP per head in Scotland is lower, productivity is falling, employment is lower, and inactivity is higher—[Interruption.]

Oral Answers to Questions

Debate between David Linden and Jeremy Hunt

Tuesday 15th November 2022 Commons Chamber

[David Linden (Glasgow East) (SNP)]

T7. It is not just individual mortgage payers who are impacted by increasing borrowing costs; that is a particular problem for housing associations such as Parkhead Housing Association, which I spoke to this morning. Previously, housing associations were able to borrow at fixed rates of 25 and 30 years, but that has been reduced. Would the Chancellor be willing to meet me, to look at how we can pursue this with lenders, to ensure that we do not stifle competition when it comes to building housing association properties?

[Jeremy Hunt]

We are looking carefully at that issue, and I would be happy for the hon. Gentleman to meet one of my Ministers.