Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will instruct the Financial Conduct Authority to take further steps to encourage mortgage providers to make mortgage cost information provided to customers more transparent.

The Government has asked the Council of Mortgage Lenders (CML) to work with Which? to improve the transparency of mortgage fees, including switching costs, and make it easier for borrowers to choose the best mortgage deals.

The Financial Conduct Authority (FCA) is also considering whether there is more that can be done in this area to support good decision-making by consumers.