§ 30. Mr. Terry Walkerasked the Secretary of State for the Environment what advice he has given to local authorities about reducing interest charges to borrowers.
§ Mr. FreesonLocal authorities are advised to operate home loans schemes without loss as far as possible.
§ 49. Mr. Rookerasked the Secretary of State for the Environment what minimum income is required to obtain the average mortgage on the same repayment terms by a borrower from (a) a building society and (b) a local authority.
§ Mr. ShoreThe repayment terms and the minimum income required vary from lender to lender. I am writing to my hon. Friend.