HC Deb 15 February 1966 vol 724 cc204-5W
82. Mr. Frank Allaun

asked the Minister of Housing and Local Government what representations he has received about back-dating 4 per cent. loans on council house building; what would be the approximate cost to the Government of back-dating them from November, 1965, to November, 1964, and to November, 1963; and if he will make a statement.

Mr. Crossman

My right hon. Friend the Secretary of State for Wales and I have received representations from 11 hon. Members, 24 local authorities and 1 local authority association. The extra cost in England and Wales of putting back the qualifying date would be:

To November, 1964:

About £1 million in 1966–67 and about £8 million in each subsequent year.

To November, 1963:

About £8 million in 1966–67 and about £15 million in each subsequent year.

I am not at present in a position to make any further statement.