HC Deb 30 July 1965 vol 717 c192W
Mr. Edward M. Taylor

asked the Chancellor of the Exchequer whether the measures relating to the control of municipal house purchase schemes will apply to Scotland; and what will be the estimated effect.

Mr. Diamond

As my right hon. Friend said in his statement on 27th July, lending by local authorities on mortgage for house purchase will, with their co-operation, be restricted to the average of the three years ended 31st March, 1965. In Scotland, lending by local authorities is already running at about this average rate.