§ Mr. DAYasked the Financial Secretary to the Treasury the amount that has been advanced on mortgage by building societies for the 12 months ended to the last convenient date; and are there any statistics which will show the average amount of interest charged on this money?
§ Mr. CLYNESThe Chief Registrar of Friendly Societies tells me that the latest information available relating to the total amount advanced on mortgage by building societies over a period of 12 months is contained in his Report for the year 1929, Part 5, Section II, pp. 76–77. The figure given is £58,664,684 and this relates approximately to the year 1928. No information is available as to the rate of interest charged on advances made.