Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the availability of residential mortgages that extend beyond 25 years.

Data collected by UK Finance shows that the proportion of residential mortgages taken out with terms extending beyond 25 years has increased steadily since 2009. In 2019, more than 60% of first-time buyers took out a mortgage with a term longer than 25 years.