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Mortgages

Asked by Blake StephensonConservativeTreasuryTabled Answered 4 February 2025UIN 26879

The question

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of Autumn Budget 2024 on recent trends in the level of mortgage rates.

Answered by Emma Reynolds

The Office for Budget Responsibility (OBR) is the UK’s official forecaster of the economy and public finances. The OBR published its assessment of the UK economy, and the effect of policies announced at the 2024 Autumn Budget, in its October 2024 Economic and Fiscal Outlook.

The OBR will publish its next assessment of the UK economy on 26 March 2025, as commissioned by the Chancellor.

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