HC Deb 14 June 1978 vol 951 c569W
32. Mr. Ioan Evans

asked the Secretary of State for the Environment what further arrangements are being worked out with the Building Societies Association to ensure that mortgage lending is stabilised in future years.

Mr. Shore

The stabilisation arrangements which have operated since 1975, through the Joint Advisory Committee on Building Society Mortgage Finance, will continue to be the main instrument to secure an even flow of mortgage finance. We made a number of proposals in Chapter 7 of the Green Paper on housing policy to strengthen and develop these arrangements. I am now considering the various responses to them.