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:
|Total||Percentage of total mortgages|
|Arrears 6–12 months||205,010||2·07|
|Arrears over 12 months||147,040||1·48|