§ Mr. RedmondTo ask the Secretary of State for the Environment how many repossessions there have been in each year since 1989; and what assessment he has made of the proportion of those repossessed by the United Kingdom subsidiaries of United States companies.
§ Mr. Robert B. JonesThe number of properties taken into possession by mortgage lenders in the United Kingdom in each year since 1989 is as follows:
Year Number Per cent of total mortgages 1989 15,810 0.17 1990 43,890 0.47 1991 75,540 0.77 1992 68,540 0.70 1993 58,540 0.58 1994 (first half) 25,020 0.24 The Department does not have access to information that shows the number of properties taken into possession by individual lenders.