HC Deb 29 April 1947 vol 436 c1727
63. Mr. Mellish

asked the Chancellor of the Exchequer if he will take powers to compel building societies to reduce their interest charges on enemy-destroyed houses to 2½ per cent.; and if he is aware that the Halifax Building Society and Cooperative Building Society have already reduced their charges to 2½ per cent.

Mr. Glenvil Hall

An excellent lead has been given by these two societies in meeting the problem of the enemy destroyed houses. My right hon. Friend is in touch with the Building Societies' Association on this matter.