§ 13. Mr. Loveridgeasked the Secretary of State for the Environment in view of the large proportion of local authority dwellings in Havering, what steps he proposes to take to help the borough to increase owner occupation in order to provide a better balance in the area.
§ Mr. ChannonPrivate enterprise building in Havering has increased considerably during the last 12 months, and the Government's measures to stimulate growth and control inflation, together 406 with the relaxation of restrictions on local authority mortgage lending, the abolition of the betterment levy, the easing of bank credit, and the halving of S.E.T. should all further help to increase owner-occupation both in the borough and elsewhere.
§ Mr. LoveridgeIn view of the great success that Havering has had in bringing in people from other areas, will my hon. Friend give every encouragement to ensure that what little building land remains there is used for home ownership?
§ Mr. ChannonAs my right hon. Friend has made clear on many occasions in the House and elsewhere, we believe that every possible agency in London, both public and private, should be used in the conditions of London housing.
§ Mr. WellbelovedIs the Under Secretary yet able to tell the House by how much he expects builders will be reducing the price of houses as a result of the reduction in S.E.T.?
§ Mr. ChannonI have already seen a number of reports of people who are doing this. If the hon. Gentleman has a specific question, I shall be glad to answer it.