Written question asked by Vincent Cable (Liberal Democrat) on Monday, 11 January 1999, in the House of Commons. It was due for an answer on Monday, 18 January 1999. It was answered by Patricia Hewitt (Labour) on Monday, 18 January 1999 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what estimates he has made of the relative costs of mortgages from (a) commercial banks and (b) building societies. - Inc ref to Table 7.1L of 'Financial Statistics' monthly report, copy in Library.

Answer: Dr. Cable: To ask the Chancellor of the Exchequer what estimates he has made of the relative costs of mortgages from (a) commercial banks and (b) building societies. [65569] Ms Hewitt: Estimates of the basic rates charged for a mortgage by banks or building societies are available in Table 7.1L of the `Financial Statistics' monthly report produced by The Office for National Statistics, a copy of which is available in the House Library. The industry's trade body, the Council of Mortgage Lenders, also publish figures once a quarter.

Secondary information