HC Deb 20 April 1978 vol 948 c356W
Mr. McCrindle

asked the Secretary of State for the Environment whether his request to the Building Societies Association to restrict lending extends to additional advances during the currency of a mortgage for improvements and maintenance.

Mr. Shore

No.

Mr. Wrigglesworth

asked the Secretary of State for the Environmentment what is the total loaned by local authorities for mortgages and the amount of the average mortgage in each of the last 10 years.

Mr. Freeson

Following is the information for England and Wales, at outturn prices:

Loans to private persons for house purchase Average advance
000's) (£'s)
1968 85,693 2,200
1969 42,156 2,200
1970 118,343 2,675
1971 126,682 2,675
1972 132,927 2,950
1973 292,668 4,925
1974 455,112 6,050
1975 636,089 6,250
1976 151,788 5,500
1977 134,468* 5,825
* Provisional.