HC Deb 09 February 1973 vol 850 cc212-3W
Mr. Farr

asked the Secretary of State for the Environment what has been the annual number of new home sales in each of the last three available years; and in each year what percentage has been sold for less than £8,000.

Mr. Eyre

In the years ending in September 1970, September 1971 and September 1972, the numbers of new dwellings sold and mortgaged with building societies or insurance companies in the United Kingdom were 135,000, 165,000 and 178,000 respectively. The proportions sold for less than £8,000 in each of the three years were 92 per cent., 90 per cent. and 79 per cent. respectively.

Mr. Farr

asked the Secretary of State for the Environment what has been the total annual number of all home sales in each of the last three available years; and in each year what percentage has been sold for less than £8,000.

Mr. Eyre

In the years ending in September 1970, September 1971 and September 1972, the numbers of dwellings sold and mortgaged with building societies or insurance companies in the United Kingdom were 535,000, 656,000 and 720,000 respectively. The proportions sold for less than £8,000 were 91 per cent., 87 per cent. and 74 per cent. respectively. In addition, the numbers of dwellings sold and mortgaged with local authorities were 33,000, 48,000 and 48,000 respectively but I have no information on the proportion sold for less than £8,000.