HC Deb 01 June 1937 vol 324 cc859-61
56. Mr. Mainwaring

asked the Attorney-General whether he is aware that finance companies are purchasing landed estates in the depressed areas of the country and are using the legal power thus obtained to compel unemployed men, widows, and other poor persons to purchase the freehold of their dwellings, in default of which to impose upon them certain heavy costs of inspection and the possible loss of this household property on account of dilapidations; and whether he is prepared to introduce legislation to end the practice?

The Solicitor-General (Sir Terence O'Connor)

As I stated on 25th November, 1936, in reply to a question by the hon. Member for Carmarthen (Mr. Hopkin), some cases of the kind referred to have been brought to the notice of my Noble Friend, but I have no evidence that the practice is as general as is suggested in the question. As stated in that answer, the matter is under consideration, and I would be glad to receive evidence of any instances. It is hardly necessary for roe to point out that Parliamentary time is much congested, and that very difficult questions are likely to arise in connection with the matter.

Mr. Mainwaring

Am I to understand that the hon. and learned Gentleman would gladly avail himself of evidence of the widespread character of this evil?

The Solicitor-General

Most certainly; I shall be glad to receive evidence from any quarter.

Mr. Mainwaring

If we advance evidence of the widespread presence of this evil, amounting to no less than a legal form of blackmail, which is rampant in this country—half the constituencies in South Wales are affected—.will the hon. and learned Member in that event be prepared to take immediate action to put an end to this practice?

The Solicitor-General

.As I said in my answer in November last, the matter is under the careful consideration of my Noble and learned Friend, and any instances that are brought to my notice will certainly be collated with a view to consideration of the matter.

Mr. Maxton

Will the hon. and learned Member be also prepared to receive evidence that this particular kind of racketeering is not confined merely to the depressed areas? Will he receive evidence from all parts of the country?

The Solicitor-General

Most certainly.

Mr. Petherick

Is not the reason why these finance companies are able to pur- chase large landed estates due to the fact that they are being broken up by the crushing effect of Death Duties?