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Mortgages: Interest Rates

Volume 486: debated on Wednesday 21 January 2009

To ask the Chancellor of the Exchequer what steps his Department is taking to encourage lenders to pass on recent Bank of England interest rate cuts to mortgage holders. (249833)

[holding answer 20 January 2009]: I refer the hon. Member to the answer I gave to the hon. Member for Coventry, South (Mr. Cunningham) on 26 November 2008, Official Report, column 1900W.