HL Deb 05 November 2002 vol 640 cc87-8WA
Lord Oakeshott of Seagrove Bay

asked Her Majesty's Government:

What were the total amounts of mortgage equity withdrawal both in absolute terms and as a percentage of total household income in each of the regions and nations of the United Kingdom for the latest quarter and year for which figures are available. [HL6237]

Lord Rooker:

Information is available only for the United Kingdom. This is shown in the table below.

Mortgage equity withdrawal seasonally adjusted (£ million) post-tax income seasonally adjusted (£ million) MEW as a percentage of post-tax income
2001
Q1 4,101 172,845 2.4
Q2 5,535 173,562 3.2
Q3 6,969 174.680 4.0
Q4 7,438 176,675 4.2
Year 24,043 697,762 3.4
2002
Q1 8,294 178,532 4.6
Q2 10,574 178,437 5.9

SourceBank of England Monetary and Financial Statistics and National Accounts, Office for National Statistics (ONS).