HC Deb 05 March 1946 vol 420 cc60-1W
Mr. R. S. Hudson

asked the Minister of Health on what basis his Department estimates that houses will be able to be let at a net rent of 7s. 6d. a week.

Mr. Bevan

The net rent of 7s. 6d. per week is the average rent at which, having regard to the general level of building costs, a local authority should be able to let a house, where under the Housing Bill they get a special Exchequer contribution of £25 I0s. a year for 60 years, and provide an annual rate contribution of £3 a year for 60 years.

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