§ Mr. Arthur Lewis
asked the Minister of Housing and Local Government when he expects to assist local authorities in their house-building programmes by reducing interest charges under the Public Works Loan Board; and what action he intends taking to reduce interest charges on mortgages obtained by those purchasing their own houses.
§ Mr. Crossman
I am engaged with the local authority associations on a review of housing subsidies and finance. I shall wish to complete this before any 31W statement is made about interest charges on loans for local authority house-building or on mortgages for house purchase.