PRIME MINISTER: Business without Debate— European Union Documents
Motion made, and Question put forthwith (Standing Order No. 119(11)),
That this House takes note of European Union Document No. 8680/11 and Addenda 1 to 4, relating to a draft Directive of the European Parliament and of the Council on credit agreements relating to residential property; notes the success that the UK has achieved against its key negotiating priorities in Council negotiations on this Directive and that the Government recognises the importance of a sustainable mortgage market to support a stable housing market; and supports the Government’s view that the proposed Directive should recognise differences that exist between national mortgage markets.—(Mr Syms.)