Hilary Benn – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Hilary Benn on 2016-01-18.

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 6 January 2016 to Question 21322, which body is responsible for providing advice to UK banks and building societies offering mortgages on properties in the Occupied Palestinian Territories.

Harriett Baldwin

There is no body with formal responsibility for providing advice to UK banks and building societies offering first charge mortgages on properties outside of the UK.

The regulation of first charge mortgages in a territory outside of the UK is a matter for the legal and regulatory framework in that territory.