HC Deb 20 December 1989 vol 164 c322W
Mr. Austin Mitchell

To ask the Secretary of State for the Environment whether he will bring up to date the information on average interest rates on building society mortgage advances given in his letter to the hon. Member for Dagenham (Mr. Gould) of 3 August 1983 in pursuance of his written reply of 29 July 1983,Official Report, column 705.

Mr. Chope

The information is as follows:

Year Average building society mortgage interest rate (gross) per cent.
1982 13.30
1983 11.03
1984 11.84
1985 13.47
1986 12.07
1987 11.61
1988 11.05
19891 13.46
19892 13.43
1Quarter 1.
2Quarter 2.

Monthly figures on average building society mortgage interest rates are published in Financial Statistics, which is available in the Library.