MORTGAGE TRANSACTIONS.
THE record of mortgages registered and discharged in New Zealand during the last two years shows that in 1919 there were 34,913 mortgages, representing £38,544,802 registered, and 28,185 mortgages representing £19,207,440 discharged, the increase-for the year being £19,277,302. Last year the registrations totalled 58,895, representing £09,993,531, and the discharges 42,811, representing £31,580,598, the increase for the year being £35,412,933. The highest figure was reached in August of last year, when mortgages representing £7,223,033 were registered. Since then there has been a decline, though the registrations in December amounted to £5,557,181. According to the Year Book, the total amount represented by the mortgages on the register under the Land Transfer and Deeds Registration Acts on March 31st, 1919, was £14G,750,G30. The increase during the period of 21 months to December 31st, 1920, was over £55,000,000, the total at the latter date being £202,556,114.
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Manawatu Herald, Volume XLIII, Issue 2244, 26 February 1921, Page 2
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144MORTGAGE TRANSACTIONS. Manawatu Herald, Volume XLIII, Issue 2244, 26 February 1921, Page 2
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