HC Deb 25 June 1976 vol 913 c663W
Mr. Lee

asked the Chancellor of the Exchequer if he will provide guidance to the Bank of England to enable the latter to monitor more effectively the conduct of secondary banks in relation to the provision of social mortgages.

Mr. Denzil Davies

I do not believe that this would be the most appropriate way to prevent abuses in the provision of second mortgages.