§ Mr. LoveTo ask the Secretary of State for the Environment, Transport and the Regions if he will publish the current(a) number and (b) estimated value of owner-occupied properties and the total value of mortgages outstanding on those properties. [53909]
§ Mr. RaynsfordThe latest available figures on a consistent timing basis for the UK relate to the end of March 1998, and are as follows:
- Number of owner occupied properties: 16.7 million (provisional)
- Estimated value of owner occupied property: £1,340 billion
- Value of mortgages outstanding (at June 1998): £436 billion
Source:
DETR estimates and Bank of England.