§ Mr. Arthur Lewisasked the Minister of Housing and Local Government whether his attention has been drawn to the dangers inherent in the practice of firms granting second mortgages at excessive rates of interest; and whether he will investigate these practices with a view to taking steps to establish a code of good conduct.
§ Mr. FreesonI am aware of the dangers inherent in second mortgage business, and the Department is examining the Consumer Council's report and other information to hand in the Department.