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10 Dec 2007 : Column 130W—continued

—continued


Estimated vacancy rates for (c) commercial and industrial properties are available for 1998-99 to 2004-05 and are presented in the following table.

These estimated vacancy rates are derived from the amount of business rate relief given for empty and partially empty properties in each local authority as reported in financial returns to Communities and Local Government.


10 Dec 2007 : Column 131W

10 Dec 2007 : Column 132W
Estimated vacancy rates of commercial and industrial property, London boroughs, 1998-99 to 2004-05
Percentage
1998-99 1999-2000 2000-01 2001-02 2002-03 2003-04 2004-05

City of London

8

8

9

6

9

14

16

Barking and Dagenham

9

9

12

10

12

10

11

Barnet

6

6

4

6

5

6

5

Bexley

8

6

4

4

6

8

8

Brent

12

12

15

18

19

16

16

Bromley

6

7

6

5

4

3

4

Camden

12

11

6

5

8

11

10

Croydon

9

8

7

8

8

10

10

Ealing

12

18

18

19

18

18

18

Enfield

9

8

7

7

7

6

9

Greenwich

9

9

8

9

9

7

8

Hackney

30

28

24

21

22

20

28

Hammersmith and Fulham

7

7

7

5

7

10

11

Haringey

14

11

11

13

12

12

12

Harrow

7

7

7

6

5

5

5

Havering

10

8

8

8

7

8

9

Hillingdon

6

6

5

5

8

9

9

Hounslow

14

11

9

9

15

17

15

Islington

12

10

9

8

11

11

13

Kensington and Chelsea

2

2

2

2

3

5

6

Kingston upon Thames

7

13

7

5

7

7

7

Lambeth

10

10

6

6

8

8

9

Lewisham

13

12

12

12

12

13

13

Merton

7

7

6

6

7

7

7

Newham

16

15

14

14

14

14

14

Redbridge

8

8

8

7

7

7

8

Richmond upon Thames

6

6

4

5

6

7

6

Southwark

11

9

8

9

10

12

9

Sutton

7

6

8

8

8

4

10

Tower Hamlets

21

13

10

8

9

13

12

Waltham Forest

18

16

11

14

14

13

14

Wandsworth

7

6

5

4

5

5

5

Westminster

10

10

5

7

9

11

10


First Time Buyers: Mortgages

Mr. Boris Johnson: To ask the Secretary of State for Communities and Local Government what proportion of first-time buyers in (a) London, (b) the South East and (c) England took out a mortgage with a repayment schedule expected to last more than (i) 20, (ii) 25, (iii) 30, (iv) 35, (v) 40 and (vi) 60 years in (A) 1997, (B) 2000, (C) 2003 and (D) 2006. [171820]

Mr. Iain Wright: The proportion of first-time buyers in London, South East and England that took out mortgages expected to last more than 20, 25, 30, 35, 40 and 60 years for 2006 is shown in the following table.

Data for 1997, 2000 and 2003 is unavailable.

Proportion of FTBs that took out mortgages expected to last more than 20, 25, 30, 35, 40 and 60 years, 2006

Greater than 20

Greater than 25

Greater than 30

Greater than 35

Greater than 40

Greater than 60

London

90.13

19.47

4.71

0.31

0.00

0.00

South East

89.73

34.89

12.59

0.61

0.00

0.00

England

90.17

37.06

13.79

0.60

0.00

0.00

Source:
Regulated Mortgage Survey

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