{"value":{"id":1684530,"askingMemberId":4498,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2024-01-23T00:00:00","dateForAnswer":"2024-01-25T00:00:00","uin":"11153","questionText":"To ask the Chancellor of the Exchequer, what fiscal steps he is taking to help facilitate the entry of new lenders offering long-term fixed rate mortgages backed by institutional bonds to the market.","answeringBodyId":14,"answeringBodyName":"Treasury","isWithdrawn":false,"isNamedDay":false,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":4639,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2024-01-31T00:00:00","answerText":"<p>The pricing and availability of mortgages is a commercial decision for lenders in which the Government does not intervene.</p><p> </p><p>However, lenders in the UK already do offer this type of mortgage product, and those looking to take out a long-term fixed rate mortgage are encouraged to shop around and speak to a broker to find the best possible product for them.</p><p> </p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"Mortgages","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/1684530","method":"GET"}]}