AQW 3442/22-27 Written question to the Minister for Communities
To ask the Minister for Communities when was the Support for Mortgage Interest rate last reviewed.
Asked by Kellie Armstrong MLA on 22 September 2022
- Answered
- Written
- Tabled
- 22 September 2022
- Answer due by
- 7 October 2022
- Answered
- 5 October 202213 days after tabling
- Department
- Department for Communities
- Priority question
- No
Answer
The Support for Mortgage Interest rate is reviewed on a monthly basis as the standard interest rate is set at a level equal to the Bank of England's published monthly average mortgage interest rate.