HC Deb 21 January 2003 vol 398 cc269-70W
Matthew Green

To ask the Deputy Prime Minister (1) what the total value of payments made to local authorities was in each year since 1997 regarding overhanging debt payments for authorities transferring housing stock; [90986]

(2) what total payment has been made to date to local authorities to pay off debt left after housing transfers. [90985]

Mr. McNulty

Payments are made directly to the Public Works Loans Commissioners to repay local authority "overhanging debt" after housing transfer. Since the arrangements to repay overhanging debt were put in place in 1999, payments totalling £132.68 million have been made in 2000, payments totalling £143.49 million in 2001 and payments totalling £256.733 million in 2002; a total of £532.9 million.