§ 17. Mr. Beswick
asked the Minister of Housing and Local Government how many local authorities now operate the agreement under which loans advanced by building societies on house purchases are in part guaranteed by the local authority.
§ Mr. Beswick
Is the Parliamentary Secretary aware that where these schemes have not been adopted increased difficulties are being experienced by young potential householders because under the credit squeeze proposals a larger deposit is needed before one can own a house? Will the hon. Gentleman ascertain what can be done in areas where nothing at all is being done?
§ Mr. Powell
This is a matter for the initiative of the local housing authority. The number of housing authorities using these powers is increasing rapidly.