HC Deb 26 April 1972 vol 835 c297W
Mr. William Edwards

asked the Secretary of State for the Environment what is the average time lapse between application and grant of a loan by the Council for the Organisation of Small Industries in Rural Areas in Wales.

Mr. Graham Page

The period varies widely with the nature of the application but the average is 52 days in England and Wales. No separate figure for Wales is readily available.

Mr. William Edwards

asked the Secretary of State for the Environment what is the average cost to each successful applicant, apart from interest, who obtains loans via the Council for the Organisation of Small Industries in Rural Areas.

Mr. Graham Page

If a mortgage is taken legal charges for investigation of title are made. Otherwise there is no cost to the applicant apart from interest.