HC Deb 05 March 1953 vol 512 cc71-2W
83. Mr. Brooke

asked the Minister of Housing and Local Government the capitalised values of the present subsidies for houses, flats, and flats in high blocks with lifts, where the developed site costs between £2,000 and £3,000 an acre; and what are the corresponding values where the developed site costs between £9,000 and £10,000 an acre. except foodstruffs, bought in bulk from overseas by Government Departments during 1951 and 1952, together with a statement of the respective deliveries.

Sir A. Salter

The information requested is given in the following table:

Mr. H. Macmillan

The capitalised values of the combined Exchequer and rate fund contributions in respect of houses and of flats built to a density of not less than 30 and not more than 40 to the acre are £769 for houses and £1,520 for flats without lifts and £1,860 for flats in high blocks with lifts where the developed site cost is between £2,000 and £3,000 an acre. The corresponding figures where the developed site costs is between £9,000 and £10,000 an acre are £1,222, £1,697 and £2,038.