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1656225
registered interest false more like this
date less than 2023-09-01more like thismore than 2023-09-01
answering body
Treasury more like this
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 Mortgages remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will publish guidance to encourage mortgage lenders to consider an applicant’s ability to service a loan on the basis of rental monies paid rather than a multiple of salary. more like this
tabling member constituency Hendon more like this
tabling member printed
Dr Matthew Offord more like this
uin 196213 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-09-07more like thismore than 2023-09-07
answer text <p>The Government is committed to helping as many first-time buyers as possible get onto the housing ladder and agrees that a history of paying rent should be able to help with this.</p><p> </p><p>In 2017, the Government launched the Rent Recognition Challenge: a £2 million competition challenging the UK’s world-leading tech firms to develop innovative applications to enable tenants to record and share their rental payment data with lenders and credit reference agencies.</p><p> </p><p>The Government encourages all renters to consider what options are available to them with regards to rent recognition.</p> more like this
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
question first answered
less than 2023-09-07T12:53:32.127Zmore like thismore than 2023-09-07T12:53:32.127Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
4006
label Biography information for Dr Matthew Offord more like this