The text on this page has been created from Hansard archive content, it may contain typographical errors.
105.
Mr. McCartney
To ask the Secretary of State for the Environment what are the latest figures he has for property repossessions arising from mortgage default over the last three years.
Mrs. Roe
Following are the available estimates:
Properties taken into possession by Building Societies United Kingdom | ||
Calendar year | Number | Percentage of mortgage loans outstanding at end of period |
1985 | 16,490 | 0·25 |
1986 | 20,930 | 0·30 |
1987 | 22,630 | 0·32 |
Properties taken into possession by local authorities England | ||
Financial | Number | Percentage of mortgage loans outstanding at end of period |
1984–85 | 570 | 0·10 |
1985–86 | 630 | 0·13 |
1986–87 | 490 | 0·12 |