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Mortgages: Government Assistance

Volume 493: debated on Monday 8 June 2009

To ask the Secretary of State for Communities and Local Government how many information leaflets have been produced for the (a) Homeowners Mortgage Support and (b) Mortgage Rescue Scheme; and how much has been spent on producing such leaflets. (277352)

Consumer information leaflets for the Mortgage Rescue Scheme and Homeowners Mortgage Support have been designed and produced at a cost of £9,000 for both leaflets. Hard copies are provided in response to requests from delivery partners and the Homeowners Mortgage Support leaflet is available to interested households and delivery partners electronically.

To ask the Secretary of State for Communities and Local Government when her Department plans to begin its publication of statistics on take-up of the Homeowners Mortgage Support scheme. (278280)

Official figures on numbers of households entering the Homeowners Mortgage Support Scheme will be published later this year.

To ask the Secretary of State for Communities and Local Government when (a) HSBC, (b) Barclays, (c) Alliance and Leicester, (d) Abbey and (e) Nationwide began to offer comparable arrangements to the Homeowners Mortgage Support Scheme to their customers. (278282)

HSBC, Barclays, Alliance and Leicester, Abbey and Nationwide have been offering their customers comparable arrangements to the Homeowners Mortgage Support Scheme, while opting not to take up the Government guarantee, since their commitment to do so in the press notice published by Communities and Local Government on 21 April 2009.

The press notice is available at:

http://www.communities.gov.uk/news/corporate/1205071

To ask the Secretary of State for Communities and Local Government when (a) the Bank of Ireland, (b) GE Money, (c) GMAC, (d) Kensington Mortgages, (e) the Post Office and (f) Standard Life Bank began to offer customers assistance under the Homeowners Mortgage Support Scheme. (278283)

Standard Life Bank formally joined the Homeowners Mortgage Support Scheme on Wednesday 20 May 2009. The Government continue to work closely with the Bank of Ireland, GE Money, GMAC, Kensington Mortgages and the Post Office, all of whom are committed to join the scheme, to ensure that they are in a position to offer the Homeowners Mortgage Support Scheme as soon as possible.