Mr. Rostron Duckworthasked the Chancellor of the Exchequer whether, taking the 12 leading building societies in the country, he can state what policy each of them is adopting in respect of any demand for payment of interest in connection with demolished houses from persons who arranged with them to buy houses under mortgage?
§ Sir K. WoodI would refer my hon. Friend to the answer on this subject which I gave to the hon. Member for North Tottenham (Mr. R. C. Morrison) on 24th June. The assurances mentioned in that answer were given to me by the Building Societies Association. As the 12 leading building societies are members of that association, I have no doubt that their individual policies conform to the terms of those assurances.