§ Mr. SheermanTo ask the Chancellor of the Exchequer what is his estimate of the total increased costs to a married couple with two children on average earnings with an average mortgage, of the interest rate rises over the past two years.
§ Mr. MaudeThe monthly interest payment, net of basic rate tax relief, on an average mortgage in May 1989 was £210.94. At the May 1991 interest rate of 12.9 per cent., the payment on that mortgage would be £201.56.