Credit Statistics (Scotland)

HC Deb 04 February 2002 vol 379 cc693-4W

10 David Hamilton

To ask the Chancellor of the Exchequer how much money was borrowed(a) in 2001, (b)(c) 20 and (d) 30 years ago on (i) credit cards, (ii) bank loans and (iii) mortgages in Scotland. [32484]

Ruth Kelly

The information is as follows:

£ billion
	Mortgage lending1, 2
19713	0.12
19813	0.82
19913	2.08
20014,5	5.91
1Loans for house purchase only
2Scotland only
3Building society lending only
4Lending by all mortgage lenders
5Estimate

Source

Council of Mortgage Lenders/DTLR Survey of Mortgage Lenders, CML/DoE 5 per cent. Sample Survey of Building Society Mortgage Completions

Borrowing on credit cards and through bank loans in Scotland is not currently identifiable from existing data sets. However, the Committee of Scottish Clearing Banks is currently looking at collecting statistics in these areas in the future.