HC Deb 10 May 1967 vol 746 cc215-6W
54. Sir C. Osborne

asked the Secretary of State for Scotland what were the total interest charges repayable over 60 years incurred by local authorities in Scotland for a house built at a cost of £2,000 in the years 1950–51, 1962–63, and 1965–66, respectively.

Dr. Dickson Mabon

This would depend on the borrowing arrangements of the particular authority. On the basis of the appropriate Public Works Loan Board rates at the end of 1950, 1962 and 1965, the figures would be £2,324, £5,275 and £6,112, respectively.

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