Housing: Rural Areas

(asked on 12th September 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will bring forward legislative proposals to prevent mortgage providers from excluding Section 157 properties by default.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 22nd September 2025

HM Treasury is regularly in contact with mortgage lenders on all aspects of their mortgage business to understand their position and current lending conditions. However, the pricing of mortgages, including the availability of mortgage finance for particular properties, is a commercial decision for lenders in which the Government does not intervene.

I would encourage any prospective homeowner to shop around and speak to a mortgage broker in order to find the best possible mortgage product for their circumstances.

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