HC Deb 19 May 1980 vol 985 c70W
Mr. McCrindle

asked the Secretary of State for the Environment if he will seek to extend the option mortgage system to those wishing to remortgage their property and purchase an annuity with the proceeds but who are below the tax threshold for retired persons.

Mr. Stanley

I refer my hon. Friend to what was said on behalf of the Government by my noble Friend the Baroness Young on 6 May during the Report stage of the Social Security (No. 1) Bill in another place.—[Vol. 408, c. 1626–38.]

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