HC Deb 25 January 1978 vol 942 cc600-1W
Mr. Frank Allaun

asked the Secretary of State for the Environment how much of the £157 million in mortgages promised by the building societies to be advanced to applicants sponsored by the local authorities for 1977–78 has in fact been advanced; how much of this was on pre-1919 houses, on houses costing less than £6,000, on mortgages of 90 per cent. or more and in inner-city areas.

Mr. Freeson

To the end of November 1977, advances to local authority nominees amounting to £70.16 million had been approved by the building societies. I hope that improvements now being made to the support lending scheme will increase the rate of expenditure. A detailed breakdown of figures on the lines asked for by my hon. Friend is not available.