§ 44. Mr. Fisher
asked the Minister of Housing and Local Government if he will take steps to introduce Government grants to encourage and assist people to save for a house-purchase deposit.274W
§ 48. Mr. Arthur Lewis
asked the Minister of Housing and Local Government whether he will now announce Her Majesty's Government's proposals for reducing mortgage interest rates; and whether the Government's plans for cheaper mortgages will be announced before the Summer Recess.
§ Mr. Crossman
As my right hon. Friend the Chancellor of the Exchequer said on 27th July in announcing measures for eliminating the balance of payments deficit, the Government have decided to postpone the introduction of measures for helping house purchasers. In the interval we shall be working out how assistance can best be given.