HC Deb 24 March 1970 vol 798 cc337-8W
84. Mr. Clegg

asked the Minister of Housing and Local Government if he will take steps to remove the restriction of allowing only option mortgage users the opportunity of getting a 100 per cent. mortgage under the mortgage guarantee scheme so as to allow more families the chance of buying their own home.

GREAT BRITAIN—COMPLETIONS
Public* Private Total
Number (000's) Per cent. of total Per cent. of 1964 Number (000's) Per cent. of total Per cent. of 1964 Number (000's) Per cent. of total Per cent. of 1964
1960 129.2 43.4 168.6 56.6 297.8 100
1961 118.6 40.1 177.5 59.9 296.1 100
1962 130.6 42.7 174.8 57.3 305.4 100
1963 124.0 41.5 174.9 58.5 298.9 100
1964 155.6 41.6 218.1 58.4 373.7 100
658.0 41.9 913.9 58.1 1,571.9 100
1965 168.5 44.1 108.3 213.8 55.9 98.0 382.3 100 102.3
1966 180.1 46.7 115.7 205.4 53.3 94.2 385.5 100 103.2
1967 203.9 50.4 131.0 200.4 49.6 91.9 404.3 100 108.2
1968 191.7 46.3 123.2 222.0 53.7 101.8 413.7 100 110.7
1969 185.1 50.5 119.0 181.7 49.5 83.3 366.8 100 98.2
929.3 47.6 1,023.3 52.4 1,952.6 100
* Local authorities, new towns, government departments and housing associations (old style and new style).
1964 was the "high point" for the Conservatives. If the five years 1965–69 are compared with the five years 1960–64 the position becomes:—
1965–69 as percentage of 1960–64
Public 141.2
Private 112.0
Total 124.2

89. Mr. Patrick McNair-Wilson

asked the Minister of Housing and Local Government what was the percentage decrease in houses built in 1969 over the figure

Mr. Freeson

No. The option mortgage guarantee scheme, like the option mortgage scheme itself, is intended to help people with modest incomes. I expect however that in the light of my right hon. Friend's announcement of 18th March about the increased limit of local authority mortgage lending, local authorities will be able to increase the number of 100 per cent. advances they make in deserving cases.