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Mortgages

Volume 501: debated on Wednesday 25 November 2009

To ask the Secretary of State for Communities and Local Government how many first time buyers defaulted on their mortgage in each of the last three years. (301450)

The Department does not collect information on mortgage possessions and arrears although information for the United Kingdom as a whole is published separately by the Council of Mortgage Lenders (CML) and the Financial Services Authority (FSA). These are not split by whether the borrower was a first time buyer or not.