UK Parliament / Open data

Housing and Homes

Proceeding contribution from James Cartlidge (Conservative) in the House of Commons on Tuesday, 15 May 2018. It occurred during Debate on Housing and Homes.

The right hon. Gentleman just committed to a policy of permanent discount. Is he aware that lenders generally do not involve themselves in those types of purchase, because

they find the perpetual discount is very unattractive on repossession? When we had similar products in the past, such as the price discount covenant, only one or two lenders got involved and they required relatively high deposits.

Type
Proceeding contribution
Reference
641 c210 
Session
2017-19
Chamber / Committee
House of Commons chamber
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