§ Mr. Kinnockasked the Secretary of State for Wales if he will place in the Official Report the terms of the arrangement which has been made with the Building Societies Association for referrals, by local authorities in Wales, to building societies of mortgage applications made in the first instance to local housing authorities.
§ Mr. John MorrisThere is no specific agreement, but I shall send my hon. Friend a copy of the letter issued by the Welsh Office to all housing authorities in Wales setting out the procedure to be followed in implementing the £5 million scheme. Since the £5 million scheme was instituted, further progress has been made in talks between the Building Societies Association and local authority associations. A large measure of agreement has been reached on ways of achieving closer co-operation between individual local authorities and building societies. Preliminary guidance to their members has been given both by the Building Societies Association and the local authority associations.