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Mortgage Arrears

Volume 227: debated on Wednesday 23 June 1993

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To ask the Chancellor of the Exchequer what is his latest estimate of the number of home owners with mortgage arrears.

The Government do not make estimates of the number of home owners with mortgage arrears. The latest figures from the Council of Mortgage Lenders—CML—which relate to the position at the end of 1992, are as follows:

TotalPercentage of total mortgages
Arrears 6–12 months205,0102·07
Arrears over 12 months147,0401·48
The next CM L arrears figures will be published at the end of July.