§ 24. Mr. Martenasked the Minister of Housing and Local Government if he will make a statement on the demand for mortgages and the availability of funds to meet them.
§ Mr. GreenwoodDemand for mortgages remains at a high level. The funds available for lending were affected in the early part of the year by the low net inflow of money into the societies. Following the recent increase in the investment rate there has been a marked improvement in the position, but there is no ground for complacency and I hope that members of the public with funds to invest will remember the social importance of a high rate of housebuilding.