HC Deb 23 May 1966 vol 729 c37W
Mr. Frank Allaun

asked the Minister of Housing and Local Government if, in view of the proposed increase in interest charges by building societies to 7⅛ per cent., he will bring forward the introduction of his Bill to grant a 2½ per cent. reduction in interest to many house buyers to an earlier date than originally intended.

Mr. MacColl

The intention has always been to introduce the Bill as soon as practicable; but since some of the working details are still under discussion I cannot at present say exactly when this will be.

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