HC Deb 20 June 1967 vol 748 cc209-10W
36. Mr. Hunt

asked the Minister of Housing and Local Government why he has refused the request of the Greater London Council for the allocation of additional money to finance the council's home loans scheme.

38. Mr. Channon

asked the Minister of Housing and Local Government what steps he is taking to encourage local authorities' home loans schemes.

42. Mr. John Fraser

asked the Minister of Housing and Local Government if he will make a statement on the availability of mortgages for house purchase in the Greater London area.

52. Mr. Doughty

asked the Minister of Housing and Local Government why he has cut the amount of money available to local authorities and the Greater London Council for their home loans schemes; and whether he will ensure that sufficient money is made available for such schemes.

53. Mr. Patrick Jenkin

asked the Minister of Housing and Local Government why he has reduced the ceiling of borrowing to finance house-purchase allowed to the Greater London Council; and if he will make a statement.

71. Sir R. Russell

asked the Minister of Housing and Local Government if he will reconsider his decision to reduce the sum sanctioned by this House in the Greater London Council Money (No. 2) Bill for the Greater London Council's home loans scheme.

Mr. Greenwood

Arrangements have been made to enable local authorities to lend up to £130 million for house purchase in the financial year 1967–68, which is approximately equal to their average lending over the three years ended 31st March, 1965. Out of this the Greater London Council has been authorised to advance up to £30 million and the London Borough Councils up to £21 million—a total of £51 million for London. It is not possible to increase these amounts because of the need to contain local authority lending for this purpose as part of the overall control of public expenditure.

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