§ Mrs. GormanTo ask the Secretary of State for the Environment how many inquiries from Basildon new town tenants have been received regarding the rents-to-mortgages scheme since the announcement of its introduction in autumn 1990; how many sales through rents-to-mortgages have been achieved to date; what representations he has received regarding the progress of rent-to-mortgages scheme; and if he will make a statement.
§ Mr. YeoThere were more than 900 initial inquiries following the announcement of the rents-to-mortgages scheme in Basildon last autumn. Since its official launch in February there have been 180 firm applications and the first sale is expected to be completed next month. There have been no recent representations about the progress of the scheme, which is being monitored carefully.