§ DR. MACNAMARA (Camberwell, N.)
I beg to ask the President of the Local Government Board how many applications have been made by local authorities for housing loans to be repaid over a period extending beyond, sixty years in accordance with Section 1 of The Housing of the Working Classes Act, 1903; and in how many such cases have loins been granted to be repaid beyond the limit of sixty years and at the maximum of eighty years respectively.
§ THE PRESIDENT OF THE LOCAL GOVERNMENT BOARD (Mr. WALTER LONG, Bristol, S.)
I have received† See (4) Debates, cxxv., 25.21 application, for purpose mentioned in the Question, from twenty-two local authorities. An extension of eighty years has been granted to eleven of these authorities so far as the loans related to the purchase of land, and in the case of one of the eleven the period for a loan for land and buildings together has been extended beyond sixty years, but not for the maximum of eighty years. As regards the remaining authorities, in five cases there were circumstances connected with the original borrowing which rendered an extension to eighty years of the period of repayment impracticable; in one case the application related to a loan for buildings only, in another the application was not proceeded with, and in three cases a decision has not at present been given.