§ Mr. SarwarTo ask the Deputy Prime Minister if he will make a statement on the number of(a) home owners, (b) private tenants and (c) other occupiers who become homeless as a result of mortgage repossession orders in each of the last 10 years. [170634]
§ Keith HillAnnual figures for the total number of repossession orders made since 1997 are as follows:
Number 1997 57,056 1998 66,055 1999 60,194 2000 52,081 2001 45,723 2002 39,748 2003 39,732 About three in five of such orders are usually suspended, and need not result in actual repossession so long as the borrower complies with the repayment arrangements set out in the suspended order. When an order is not suspended the parties can still negotiate a compromise to avoid repossession.
§ Mr. SarwarTo ask the Deputy Prime Minister if he will make a statement on the support provided by central and local government to homeowners facing mortgage repossession orders in 2003. [170635]
1603W
§ Keith Hill229,000 people were assisted through income support for mortgage interest in 2002–03 at a cost of £320 million. Local housing authorities have a duty to ensure that advice and information about homelessness and prevention of homelessness are available free of charge to anyone in their areas.
§ Mr. SarwarTo ask the Deputy Prime Minister if he will make a statement on the number of mortgage repossessions carried out in each of the past 10 years. [170646]
§ Keith HillThe following figures cover UK mortgage lending by Council of Mortgage Lenders members. The figures for repossessed properties include those that were voluntarily surrendered.
Properties repossessed by the lenders during the
period
Number of mortgages at the end of the period
Number Percentage 1993 10,137,000 58,540 0.58 1994 10,410,000 49,210 0.47 1995 10,521,000 49,410 0.47 1996 10,637,000 42,560 0.40 1997 10,738,000 32,770 0.31 1998 10,821,000 33,870 0.31 1999 10,981,000 29,990 0.27 2000 11,169,000 22,860 0.20 2001 11,243,000 18,280 0.16 2002 11,360,000 11,970 0.11 2003 11,458,000 7,630 0.07