§ 25. Mr. Evelyn Kingasked the Minister of Housing and Local Government how many houses in the Weymouth area are charged with mortgages granted by a local 51W authority; what was the average sum outstanding in respect of them; and what interest charge was receivable by the local authority on 15th October and at the present time, respectively.
§ Mr. MacCollMortgage loans have been made on 392 houses, the average sum outstanding being £1,715. The rate of interest charged for loans up to 25 years was 6⅜ per cent. on 15th October and is now 7¼ per cent.