§ Mr. David Clarkasked the Secretary of State for the Environment if he will 108W list those countries in the European Economic Community which have institutions similar in function to those of building societies in the United Kingdom.
§ Mr. AmeryThere is no Community organisation in this field, which is a matter for individual arrangements in the countries concerned. All the European Economic Community countries have institutions performing something of the function of building societies in the United Kingdom, but they take different forms in the various countries.
§ Mr. David Clarkasked the Secretary of State for the Environment if he will list the rates of interest charges secured by mortgages for house purchases in each of the European Economic Community countries and the comparable figure for the United Kingdom.
§ Mr. AmeryI am not aware of any equivalent in those countries of the Building Societies Association's recommended rate of interest for house purchase, which at present is 8½ per cent.