§ Mr. RaynsfordTo ask the Secretary of State for Wales what estimate he has made of the extent of repossessions in Wales over the past two years; and what are his estimates of likely trends in(a) repossessions and (b) negative equity in 1996. [10258]
§ Mr. Gwilym JonesInformation is not recorded centrally on the number of cases in which mortgage possession orders lead to warrants to have the defendants evicted. However, recent figures on the number of possession orders and suspended orders are given in the table. Estimates of likely trends in repossessions and negative equity are not available for 1996.
1991 1992 1993 1994 11995 Mortgage possession orders 3,958 3,403 2,297 1,485 1,245 Suspended orders 3,457 3,673 3,598 2,253 2,008 Source:
Lord Chancellor's Department.
Note:
1Figures are for the first 3 quarters of 1995.
Estimates of likely trends in repossessions and negative equity are not available for 1996.