HC Deb 25 June 1974 vol 875 cc419-20W
Mr. Walter Johnson

asked the Secretary of State for the Environment what representations he has received from the building societies indicating an intention to increase the rate of interest to people buying their own homes on a mortgage.

Mr. Crosland

The Government are considering the views of the Building Societies Association on the need for an increase in mortgage rates because of reduced operating margins.

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