§ Mr. Hugh Jenkinsasked the Secretary of State for the Environment what is his latest information on the current incidence of gazumping; and of the effect of the close monitoring of lending by building societies.
§ Mr. Shore, pursuant to his reply [Official Report, 12th April 1978], gave the following information:
There are no statistics on the incidence of gazumping. Mortgage lending has of course now been moderated in the light of information available from close monitoring of lending and house prices.