§ Mr. Hugh Jenkinsasked the Chancellor of the Exchequer what estimate he has of the extent to which the rise in house prices in 1972–73 was due, especially in London, to the financing of property speculators (a) by the banks and (b) by building societies.
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§ Mr. NottThe rise in house prices was due to a variety of factors. Building societies are restricted in the proportion of their advance that can be made other than to private householders or prospective householders.