§ Mr. Sillarsasked the Secretary of State for Scotland what is the average cost of building a four-apartment council house; and what is the total cost involving repayment of capital and interest at current Public Works Loan Board rates.
§ Mr. Hugh D. BrownThe estimated average cost of providing a local authority four-apartment house in 1975 was £12,900, including the cost of site servicing and fees. The total repayment of capital and interest over a borrowing period of 60 years at the current Public Works Loan Board interest rate of 14¼ per cent. would be £110,324.