§ Mr. Winnickasked the Minister of Housing and Local Government what percentage of owner-occupiers have taken advantage of the option mortgage scheme.
§ Mr. MacCollAccording to information from a group of the largest building Societies, about 4 per cent. of the existing borrowers who had to make their de258W cision by 31st December, 1967, have changed to option mortgages, and some 10 per cent. of new borrowers are choosing them. The figures for other qualifying lenders are broadly comparable.