HC Deb 05 February 1990 vol 166 cc442-3W
Ms. Harman

To ask the Secretary of State for the Environment if he will publish a table showing the numbers of mortgage repossessions taken by(a) building societies and (b) local authorities in each year since 1979.

Mr. Chope

[holding answer 1 February 1990]: The information is as follows:—

(a) Mortgage repossessions by building societies: United Kingdom
Year Number As a percentage of loans at end of period
1979 2,530 0.048
1980 3,020 0.056
1981 4,240 0.077
1982 5,950 0.105
1983 7,320 0.123
1984 10,870 0.171
1985 16,770 0.250
1986 20,930 0.296
1987 22,930 0.319
1988 16,150 0.215
19891 6,350 0.083
1First half.

(b) Mortgage repossessions by local authorities: England
Year Number As a percentage of loans at end of period
1979–80 1,100 n/a
1980–81 1,000 0.14
1981–82 1,100 0.16
1982–83 950 0.14

Year Number As a percentage of loans at end of period
1983–84 840 0.13
1984–85 570 0.10
1985–86 630 0.13
1986–87 490 0.12
1987–88 330 0.10
1988–89 170 0.06
n/a = Not available.

In addition some 100 to 150 additional properties reverted to local authority ownership as a result of vesting.