§ Mr. ButlerTo ask the Secretary of State for the Environment if he will make a statement on recent trends in the level of building society arrears and repossessions.
§ Mr. TrippierThe latest building society figures show a continued downward trend in levels of mortgage arrears and possessions, which we welcome. Nevertheless, each mortgage possession is distressing for those involved. It is important that borrowers who find themselves in difficulties should contact their lender at the earliest opportunity.