§ 33. Mr. Hordernasked the Secretary of State for the Environment whether he will consult the building societies about forming a stabilisation fund in order to make the level of building societies' advances more even.
§ Mr. KaufmanRegular discussions are held with representatives of the Building Societies Association. The fall in mortgage lending was reversed through the £500 million loans scheme. We intend to take action to secure a stable and adequate level of lending.