19. Lieut..-Colonel Liptonasked the President of the Board of Trade if he will exempt caravans from the recent restrictions on hire purchase.
§ Mr. P. ThorneycroftI cannot yet add anything to my reply to my hon. Friend the Member for Oxford (Mr. Turner) on 10th March.
§ Lieut.-Colonel LiptonWill the right hon. Gentleman bear in mind that about 90 per cent. of the caravans which are bought are bought by couples who either cannot afford to buy a house or are not eligible for a council house, and that to make them pay the whole cost in a couple of years places a very onerous burden on a deserving section of the community?
§ Mr. ThorneycroftI do not want to make a statement in advance of the examination I am to undertake.
§ Mr. H. NichollsWill my right hon. Friend keep in mind, when considering this matter, that a period of two years for payment by hire purchase for this property, which acts as a house, does not seem sufficient, and that a strong case could be made for extending the period to four years?