Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of trends in the numbers of households in Hornsey & Wood Green constituency that have fallen into arrears with their mortgage payments in the last (a) six and (b) 12 months.

Mortgage arrears nationally remain at historically low levels for the last six and twelve months.

Where mortgage borrowers do fall in financial difficulty, Financial Conduct Authority guidance requires firms to offer tailored support. This could include a range of measures depending on individual circumstances.

The Government has also taken a number of measures aimed at helping people to avoid repossession, including Support for Mortgage Interest (SMI) loans for those in receipt of an income-related benefit, and protection in the courts through the Pre-Action Protocol, which makes it clear that repossession must always be the last resort for lenders.