PARLIAMENTARY WRITTEN QUESTION
Mortgages: EU Nationals (20 July 2017)

To ask Mr Chancellor of the Exchequer, whether he has received (a) representations or (b) reports on an increase in discrimination towards non-UK EU nationals in terms of their access to mortgage financing on account of uncertainty as to the future status of EU citizens; and if he will make a statement.

Asked by:
Helen Hayes (Labour)

The Treasury has not received any representations or reports on an increase in discrimination. UK Finance, the main industry trade body for this sector, have confirmed that mortgage lenders intend to pursue a business-as-usual approach throughout the withdrawal negotiation period, and will continue to treat customers fairly and act in the best interests of customers. Lenders are not currently adopting any changes to their lending criteria regarding citizenship status.

The Government’s objective is to provide reassurance and certainty to the 3 million EU citizens living in the UK. Negotiations with the EU have been constructive, and will consider the issue of economic rights at the next round of negotiations.

Answered by:
Steve Barclay (Conservative)
6 September 2017