§ 105. Mr. McCartney
To ask the Secretary of State for the Environment what are the latest figures he has for property repossessions arising from mortgage default over the last three years.
§ Mrs. Roe
Following are the available estimates:
Properties taken into possession by Building Societies United Kingdom Calendar year Number Percentage of mortgage loans outstanding at end of period 1985 16,490 0.25 1986 20,930 0.30 1987 22,630 0.32
Properties taken into possession by local authorities England Financial Number Percentage of mortgage loans outstanding at end of period 1984–85 570 0.10 1985–86 630 0.13 1986–87 490 0.12
Corresponding information is not available from other lending institutions.