§ Mr. Ray Powellasked the Secretary of State for Wales if he will list in the Official Report the current repayments by purchasers of council houses in Wales for (a) houses costing £25,000 over a 25 year repayment period, (b) houses costing £20,000 over a 25 year repayment period, (c) houses costing £15,000 over a 25 year repayment period, (d) houses costing £10,000 over a 25 year repayment period and the current repayments on houses costing the same as a, b, c and d above, but over 20 years, 15 years and 10 year periods, respectively.
§ Mr. Wyn RobertsThe information is as follows:
Monthly Mortgage Repayments £ £ £ £ Amount of mortgage 10,000 15,000 20,000 25,000 Repayment period: 10 years 166 249 332 415 15 years 142 214 285 356 20 years 133 200 266 334 25 years 129 193 258 322 Note: A mortgage rate of 15 per cent. has been assumed for the calculation.