To ask the Chancellor of the Exchequer what the monetary value of guarantees made in respect of new mortgage lending was in the last six months for which figures are available. (264770)

The Government have not provided guarantees in respect of new mortgage lending.

The Government have announced a comprehensive package designed to reinforce the stability of the financial system, to increase confidence and capacity to lend, and in turn to support the recovery of the economy. Details are available at:

http://www.hm-treasury.gov.uk/press_05_09.htm