HC Deb 07 April 1975 vol 889 c334W
Mr. Wigley

asked the Secretary of State for the Environment what was the average dwelling price, average advance and average recorded income of borrower in the case of new mortgages on dwellings for owner occupation in England during each of the last five years.

Mr. Freeson

Following are figures relating to dwellings in England mortgaged to building societies during 1970 to 1974:

Average dwelling price Average advance Average recorded income of borrowers
£ £ £
1970 5,007 3,610 1,928
1971 5,691 4,134 2,192
1972 7,529 5,268 2,492
1973 10,175 6,262 2,942
1974 11,191 6,625 3,432