HC Deb 07 November 1973 vol 863 cc171-2W
Mr. Hardy

asked the Secretary of State for the Environment if he will list the building societies which have accep-

MOTOR-CYCLE RIDER CASUALTIES AND INVOLVEMENT RATES 1968–1972
Year Killed Casualties Seriously injured Slightly injured Vehicle involvement rate per 100,000 miles travelled
1968 … … … … … … 514 9,460 19,072 2.244
1969 … … … … … … 497 8,717 17,060 2.225
1970 … … … … … … 473 8,719 16,842 2.311
1971 … … … … … … 479 8,706 16,923 2.309
1972 … … … … … … 509 8,243 16,835 2.346

ted and are implementing the proposal to reduce the cost of mortgage repayments for first-time purchasers, and those societies which are not agreeable to this proposal and their reasons for objection.

Mr. Channon

The Council of the Building Societies Association decided on 12th October that it was willing in principle to recommend to its member societies a selective scheme for first-time purchasers based on the deferment of interest. It is urgently studying consequential technical issues with a view to promulgating and recommending a detailed scheme to its members as soon as possible. It is hoped that the scheme will be introduced by individual societies shortly thereafter.