HC Deb 09 May 1991 vol 190 c556W
Mr. Cousins

To ask the Chancellor of the Exchequer if he will estimate the size of mortgage interest payable in respect of domestic property in the northern region in 1985 and each subsequent year and the stock of mortgages and the average size of mortgage interest payable in the northern region for each year since 1985.

Mr. Maude

[holding answer 8 May 1991]: Readily available estimates, based on regional information from family expenditure surveys, are as follows:

Mortgages in the Northern Region
Gross interest payable Number of mortgages Average amount of gross interest
(£ million) (thousands) (£)
1986 690 440 1,550
1987 720 420 1,800
1988 940 510 1,850
1989 1,280 530 2,400
11990 1,630 560 2,900
1 Provisional.

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