Mortgage Costs and Housing

Part of Opposition Day – in the House of Commons at 3:39 pm on 13th December 1989.

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Photo of Mr Tony Banks Mr Tony Banks , Newham North West 3:39 pm, 13th December 1989

Is my hon. Friend aware that, in the London borough of Newham, we will be faced next April with rent increases of about 21 per cent. because of Government diktat? Is he also aware that, because of the benefit changes last April, rent arrears—not only in Newham but throughout the whole of London and the country․went up by an average of 38 per cent.? What impact does he think that this enforced rent increase will have on rent arrears throughout the country?