HC Deb 05 April 1973 vol 854 cc157-8W
29. Mr. David Clark

asked the Chancellor of the Exchequer if he will make a statement on his policy towards taking action about mortgage interest rates.

Mr. McNamara

asked the Chancellor of the Exchequer whether, in view of uncertainty about rising interest rates for mortgages, he will urgently suggest to the Building Societies Association the stabilisation and lowering of interest rates for house purchase.

Mr. Nott

I would refer the hon. Gentlemen to the statement today by my right hon. and learned Friend the Secretary of State for the Environment.

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