North Swindon MP Justin Tomlinson asked Secretary of State for Levelling Up, Housing and Communities, Simon Clarke, whether he would commit to working with Martin Lewis of MoneySavingExpert to help people understand the changes to the housing market.
Justin asked:
Home ownership is absolutely key to social mobility, but as historically low interest rates come to an end, that becomes more difficult for future generations and existing homeowners. Will the Secretary of State commit to work with Martin Lewis of MoneySavingExpert to make sure that as we collectively navigate the changing landscape we communicate the most helpful advice to help people to deal with the changes?
The Minister replied:
My hon. Friend is absolutely right. We need to communicate clearly with the public about all the support and options that are available. My right hon. Friend the Chancellor is coming to the House later this afternoon precisely to give the kind of calm, clear messaging that we want so that we can reassure investors and the markets that there is a clear way forward on this vital question so that we can get interest rates as low as possible
