Skip to main content

Shared Ownership Schemes: Mortgages

Volume 492: debated on Thursday 14 May 2009

To ask the Secretary of State for Communities and Local Government what estimate she has made of the number of high street mortgage lenders which do not offer mortgage terms to buyers purchasing under shared ownership schemes. (275563)

There are 17 lenders currently willing to offer mortgages under shared ownership schemes, an increase from 14 lenders in February 2009. The Government continue to work with the Council of Mortgage Lenders and individual lenders to encourage lender participation.