§ Mr. WebbTo ask the Secretary of State for Social Security what proportion of mortgages are covered by those lenders on whose interest rates the standard interest rate for unemployed homebuyers is calculated. [14556]
§ Mr. Keith BradleyThe information is not available in the format requested.
The standard interest rate is based on an average of approxiately 30 of the largest Building Societies. Currently 25 per cent. of mortgages for home purchase, by value, are covered by all Building Societies.