CONSERVATIVE
New Forest East

TREASURY – FIXED-RATE MORTGAGES - 07 February 2023

TREASURY – FIXED-RATE MORTGAGES - 07 February 2023

Sir Julian Lewis: May I appeal to the Treasury team to do everything they can in the forthcoming Budget to prevent people on fixed-rate mortgages from facing financial disaster when the fixed-rate term comes to an end?

[The Chancellor of the Exchequer (Jeremy Hunt): My right hon. Friend is right to raise that issue. That is why I met Martin Lewis and the six big mortgage lenders before Christmas. We are very alive to those concerns and will monitor the situation closely.]