§ Lord James Douglas-Hamilton
asked the Secretary of State for Scotland what has caused the delay in reaching agreement with the building societies on the arrangements required to enable building societies to accept repaired prefabricated reinforced concrete as being suitable for a loan on their security.
§ Mr. Ancram
The guarantee scheme arrangements are complex, involving as they do the insurance of PRC houses once repaired by approved methods and builders. Greater difficulties than had been expected arose in reaching agreement amongst the bodies concerned.