§ Mr. Raynsfordasked the Secretary of State for the Environment how many formerly owner-occupied properties were taken into possession by (a) building societies, (b) local authorities and (c) other mortgages in the 12 months ended June 1986; and how these figures compare in actual and percentage terms with those for each 12 month period for the 12 months ended June 1979 to the 12 months ended June 1985.
§ Mr. TraceyThe available information is as follows:
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Properties taken into possession by building societies: United Kingdom Year ending Number Per cent. of outstanding mortgage loans at end of period December 19791 2,530 0.048 December 19801 3,020 0.056 December 19811 4,240 0.077 June 1982 5,090 0.091 June 1983 6,680 0.116 June 1984 9,140 0.149 June 1985 13,040 0.200 June 1986 20,020 0.290 Source: Building Societies Association.
1Figures for calendar years only before 1981.
Properties taken into possession by local authorities1: England Number Per cent. of outstanding mortgage loans at end of period 1978–79 1,800 n/a 1979–80 1,100 n/a 1980–81 1,000 0.14 1981–82 1,100 0.16 1982–83 950 0.14 1983–84 840 0.13 1984–85 750 0.13 n/a = Not available.
1Figures for financial years only.
§ Mr. Raynsfordasked the Secretary of State for the Environment how many households with mortgages from (a) building societies, (b) local authorities and (c) other sources, were known to be more than six months in arrears at end of June 1986; and how these figures compare in actual and percentage terms with the figures for June 1979 and each June between then and 1985.
§ Mr. TraceyThe available information is as follows:
Mortgages over 6 months in arrears Building Societies: United Kingdom Number Per cent. of outstanding mortgage loans December 19791 8,420 0.16 December 19801 13,490 0.25 June 19811 15,880 0.29 June 1982 23,840 0.43 June 1983 33,910 0.59 June 1984 36,780 0.60 June 1985 52,890 0.81 June 1986 66,930 0.97 Source: Building Societies Association.
1Figures before 1982 are only those in arrears 6 to 12 months. Figures for end of December only before 1981.
Local authorities 1: England and Wales Number Per cent. of outstanding mortgage loans March 1983 13,200 1.9 March 1984 14,500 2.3 March 1985 14,900 2.6 1Figures for end of financial year only.