HC Deb 01 July 1975 vol 894 cc419-20W
Mr. Wigley

asked the Secretary of State for Wales what was the total sum advanced by local authorities in Wales for the purpose of mortgage lending; and how many advances were made, during each of the last 10 years.

Mr. Alec Jones

The total sum of money advanced and the number of advances made by local authorities for the purchase of dwellings under: (i) Section

cannot necessarily be identified, nor does the table take into account some expenditure indirectly benefiting Wales. Year-to-year changes may reflect improvements in the coverage of information and changes in fiscal arrangements, for example, in the agriculture, trade, industry and employment sectors. For these reasons these figures are only broadly comparable with per capita expenditure estimates made for the United Kingdom as a whole.

43 of the Housing (Financial Provisions) Act 1958 or (ii) the Small Dwellings Acquisition Acts or (iii) the housing associations under Section 119 of the Housing Act 1957, during the years 1970 to 1974 is set out in the table below:

Year Number of advances Amount advanced (£m.)
1970 3,889 6.3
1971 4,988 9.2
1972 4,704 9.3
1973 4,416 12.9
1974 5,381 22.5

Corresponding data for earlier years are not available.