§ 31. Mr. Hardyasked the Secretary of State for the Environment what is the average cost of a new house at the latest available date and the monthly repayment which is involved, assuming that the purchaser has a 90 per cent. mortgage over 30 years.
§ Mr. EyreAs to the first part of the Question, I would refer the hon. Member to the reply given to his similar Question on 7th November.—[Vol. 863, c.166.]
As to the second part, the new mortgage repayment in the third quarter of 1973 on a 90 per cent. advance would have been £79.49 gross and £57.21 net of tax at the basic rate. However, the comparable figures in relation to actual average building society mortgage advances on new houses in the third quarter would have been £54.02 gross and £38.88 net.