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Mortgage Arrears

Volume 136: debated on Monday 27 June 1988

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To ask the Secretary of State for the Environment what information he has on how many mortgagors (a) with a building society mortgage and (b) with another source of mortgage, were estimated to be (i) at least one month in arrears with their mortgage repayments, (ii) at least six months in arrears with their

Building societies (United Ktngdom)
Loans, 6–12 months in arrears, end periodLoans over 12 months in arrears, end periodProperties taken into possession in period
YearNumberPercentage of loans at end of periodNumberPercentage of loans at end of periodNumberPercentage of loans at end of period
19798,4200·162,5300·048
198013,4900·253,0200·056
198118,7200·344,2400·077
198223,7900·424,8100·0855,9500·105
198325,5800·436,5400·117,3200·123
198441,9400·668,2600·1310,8700·171
198548,7900·7411,2100·1716,4900·250
198645,2500·6411,3100·1620,9300·296
198747,7700·6712,6300·1822,6300·318
Local authorities (England)
Loans, 6–12 months in arrears, end periodLoans over 12 months in arrears, end periodProperties taken into possession in period
YearNumberPer cent. of loans at end of periodNumberPer cent. of loans at end of periodNumber hPer cent. of loans at end of period
1978–791,800
1979–801,100
1980–811,0000·14
1981–821,1000·16
1982–838,7301·34,5000·69500·14
1983–849,6301·54,9000·88400·13
1984–8512,3302·16,5201·15700·10
1985–8610,2602·05,5801·16300·13
1986–878,5002·04,7001·14900·12