HC Deb 02 November 1992 vol 213 c18W
Mrs. Dunwoody

To ask the Secretary of State for the Environment how much average new mortgage repayments per month were in(a) May 1988 and (b) April 1992.

Mr. Baldry

The average new mortgage repayment on a building society loan is estimated as £250.45 per month in the second quarter of 1988 and £346.10 per month in the second quarter of 1992, based on the average advance and average mortgage interest rate in each period and an assumed mortgage length of 25 years.