Policy paper

Statement on Mortgage Prisoners

The Government remains committed to seeking additional options for borrowers with inactive firms who are unable to switch, despite being up to date with payments, and has agreed the below commitment with industry participants to work together to look for practical and proportionate solutions.

• From: HM Treasury
• Published: 22 July 2021

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Statement on Mortgage Prisoners

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Details

The Government remains committed to seeking additional options for borrowers with inactive firms who are unable to switch, despite being up to date with payments, and has agreed the below commitment with industry participants to work together to look for practical and proportionate solutions.