Treasury Committee to question mortgage providers on rising rates, house prices and forbearance
The Treasury Committee questions mortgage lenders on the impact of rising rates at 10.15am on Tuesday 11 July.
Meeting details
At 10:15am: Oral evidence
Work
Mortgages (Non-inquiry session)
Homes Director at Lloyds Banking Group
Interim CEO (Home Financing) at Skipton Building Society
Mortgage Director at Santander UK
Home Commercial Director at Nationwide
Chief Executive at Paragon Banking Group
The cross-party Committee of MPs examines the current state of the mortgage market, including levels of mortgage stress, arrears and forbearance, and the outlook for the market in light of higher interest rates.
The Committee will question mortgage providers on consumer behaviour following recent rate rises, the impact on house prices and the wider housing market, and mortgage affordability and availability.
Government support schemes and the recently agreed ‘mortgage charter’ are also likely to be discussed, as are buy-to-let mortgages and the rental market, and the take-up of long-term fixed rate deals.