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.

About this proceeding contribution

Reference

641 c210 

Session

2017-19

Chamber / Committee

House of Commons chamber
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