§ Mr. John Fraser
asked the Secretary of State for the Environment how many homes are currently under construction or creation by conversion in the area of the London docklands; how many are for sale and for rent, respectively; and of those for sale, what proportion will cost less than £40,000.
§ Sir George Young
A total of 3,282 homes are currently being constructed or created by conversion on sites owned by the London Docklands Development Corporation. Of these 2,846 are intended for owner-occupation, of which about a quarter will be priced at or below £40,000. The remaining 436 homes are intended to be rented. Homes are also under construction on other sites within docklands not in LDDC ownership, but no figures are available.