HC Deb 01 March 1990 vol 168 cc263-4W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer what is his estimate of the median mortgage for residential property in each year since 1970 and the ratio of that median to the median annual earnings of the full-time adult male manual and non-manual worker, respectively.

Mr. Ryder

Information for 1978 to 1988 on median mortgages issued by building societies on residential property is published by the DOE in "Housing and Construction Statistics 1978–1988", table 10.13. Tables 10.20 and 10.22 in the same publication contain information on the size distribution of bank and insurance company mortgages respectively, from which medians may be calculated. Earlier information for building society mortgages only is contained in previous editions of "Housing and Construction Statistics". Median gross weekly earnings in April of each year for full-time adult male manual and non-manual employees are published by the Department of Employment in table 15, part A, of the new earnings survey reports. Figures for 1970 to 1978 can be found in the 1978 report and for 1979 to 1989 in the 1989 report.

Mr. Austin Mitchell

To ask the Chancellor of the Exchequer whether he will publish in theOfficial Report a table showing for each year from 1970 his estimate of the number of mortgages for residential property together with (a) the average amount of mortgage, (b) average earnings of full-time adult male manual and non-manual workers, respectively, (c) average earnings of full-time adult female manual and non-manual workers, respectively, and (d) the number of workers in (b) and (c).

Mr. Ryder

Information on numbers of mortgage advances on residential property and average advances is published by the DOE in "Housing and Construction Statistics 1978–1988", table 10.4. Information for years previous to 1978 is available for building societies only in previous editions of "Housing and Construction Statistics". Average gross weekly earnings in April of each year for full-time adult male and female manual and non-manual employees are published by the Department of Employment in table 15, part A of the new earnings survey reports. Figures for 1970 to 1978 can be found in the 1978 report and for 1979 to 1989 in the 1989 report. Disaggregated data on employment are published in theEmployment Gazette, December 1989, table 1.10, and in previous editions of the Gazette.

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