HC Deb 07 March 2000 vol 345 c587W
Mr. Sheerman

To ask the Secretary of State for Trade and Industry what recent discussions he has had with the relevant local trading standards offices concerning the activities of the Kensington Mortgage Company. [112783]

Dr. Howells

I have had no such discussions.

Mr. Sheerman

To ask the Secretary of State for Trade and Industry (1) if he will order an inquiry into the lending practices of the Kensington Mortgage Company; [112782]

(2) if he will make it his policy to investigate the activities of non-status lenders in the mortgage lending sector. [112781]

Dr. Howells

Most non-status lenders hold consumer credit licences issued by the Director General of Fair Trading. The Director monitors the continuing fitness of licence holders. He also monitors lenders' and brokers' compliance with his guidelines on non-status lending.

Mr. Sheerman

To ask the Secretary of State for Trade and Industry what recent discussions he has had with the Council of Mortgage Lenders concerning the(a) commissions, (b) penalties and (c) other charges made by the Kensington Mortgage Company. [112779]

Dr. Howells

None.