HC Deb 05 March 1965 vol 707 c328W
Mr. Spriggs

asked the Chancellor of the Exchequer to what extent monthly repayments to building societies will be affected on a £2,500 agreement for 10 years and 25 years, respectively, by the recent rise in Bank Rate.

Mr. MacDermot

The increase in the rates recommended by the Building Societies Association, following the recent rise in Bank rate, has the effect of increasing these monthly repayments by £1 0s. 10d. and £1 2s. 11d., respectively.