Susan Elan Jones – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Susan Elan Jones on 2016-02-19.

To ask Mr Chancellor of the Exchequer, what steps the Government is taking to improve access to mortgages for self-employed people.

Harriett Baldwin

The Government is committed to ensuring that the mortgage market delivers for creditworthy borrowers.

On 1 December 2015 the Government launched the Help to Buy: ISA to help all first time buyers saving for their first home.

Beyond the requirements set out in the regulations, decisions around the availability of individual mortgage loans are commercial decisions for lenders, including what evidence is required to validate income. The Government does not seek to intervene in these decisions.