HC Deb 10 December 1992 vol 215 c766W
18. Mr. Simon Hughes

To ask the Chancellor of the Exchequer what percentage of the additional money allocated to housing expenditure in the autumn statement he estimates will have been spent by 1 January 1993.

Mr. Portillo

I am confident that the full £750 million, announced in the autumn statement as a boost to the housing market, will be spent by the end of this financial year. The amount that is spent by 1 January 1993 will depend, for example, on how quickly housing associations can complete the legal formalities on their purchases.