HC Deb 03 March 1988 vol 128 c664W
Mr. Ingram

To ask the Secretary of State for Scotland pursuant to his reply on 25 February to the hon. Member for East, Kilbride,Official Report, column 286, if he will give an estimate of the effect on the average rent charged to Scottish Special Housing Association tenants arising from the loss of £742,000 on the short-term loan from the national loans fund.

Lord James Douglas-Hamilton

There was no effect on the average rent levels.

Mr. Ingram

To ask the Secretary of State for Scotland if he will write off the loss of £742,000 in the short-term loan on £16 million advanced to the Scottish Special Housing Association from the national loans fund on 30 June 1987; and if he will make a statement.

Lord James Douglas-Hamilton

The SSHA repaid on 31 December 1987, the £16 million loan advanced from the national loans fund at the association's request on 30 June 1987 together with interest of £742,000. The question of write-off does not therefore arise.