85% of UK lenders have signed Mortgage Charter, Chancellor says

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Chancellor Jeremy Hunt has made a statement in the House of Commons on help for mortgage holders.

He says as interest rates rise he will not take action that undermines the Bank of England's monetary objectives.

But where there are non-inflationary measures the government can take to relieve the anxiety faced by families "it will do so".

Mr Hunt also said on Friday that he met UK mortgage lenders to agree new support for people struggling with their mortgage.

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