§ 14. Mr. Lewisasked the Minister of Housing and Local Government and Minister for Welsh Affairs whether he is aware that in the third quarter of 1951 the average tender price of a three-bed-roomed council house was £1,403, that the total cost of interest and repayment charges, assuming a loan raised over 60 years at the rate of interest charged by the Public Works Loan Board at the end of the relevant quarter was £3,033 12s. 0d. and that by the third quarter of 1957 the figures were £1,489 and £6,144 16s. 1d., 68W respectively; on what date in the current month he expects to publish the relevant figures for the fourth quarter of 1957; and whether he expects to be able to publish the figures for the first quarter of 1958 by 1st October, 1958.
§ Mr. H. BrookeFor the fourth quarter of 1957 the comparable figures were £1,477 and £6,095 5s. 8d., but, as I have said before, a local authority was not bound to borrow at the current interest rate for the full period of 60 years. The answer to the last part of the Question is "Yes."