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Mortgages

Volume 167: debated on Monday 12 February 1990

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To ask the Secretary of State for the Environment what is the average outstanding mortgage in 1989–90 in (a) England and (b) each region.

[holding answer 9 February 1990]: The estimated average balance outstanding on building society mortgages in the United Kingdom at the end of 1988 was £21,000. Comparable information is not available for other lenders or below national level.