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861123
registered interest false more like this
date less than 2018-03-13more like thismore than 2018-03-13
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Owner Occupation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Mr Chancellor of the Exchequer, pursuant to the Answer of 20 November 2017 to Question 112340 on Owner Occupation, if his Department will take steps to ensure that lenders take into account (a) council tax and (b) rental payments when assessing a borrower's creditworthiness. more like this
tabling member constituency Leigh remove filter
tabling member printed
Jo Platt more like this
uin 132272 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-20more like thismore than 2018-03-20
answer text <p>The Government believes that it is right that a history of paying rent should be recorded and recognised in tenants’ credit scores and in affordability assessments.</p><p> </p><p>That is why, at the Autumn Budget 2017, the Government announced the Rent Recognition Challenge, a £2m competition challenging the UK’s world-leading technology firms to develop innovative new applications to enable rental tenants to share their rent payment data with lenders and credit reference agencies. The winning applications will be announced shortly.</p><p> </p><p>Data on individuals’ council tax payments are not currently made available to lenders or credit reference agencies by local authorities.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2018-03-20T15:03:25.433Zmore like thismore than 2018-03-20T15:03:25.433Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4673
label Biography information for Jo Platt more like this