HC Deb 12 June 1974 vol 874 c550W
43. Mr. Tyler

asked the Secretary of State for the Environment if he will make it a condition of future loans to the building societies that no such loans are made until the building societies are in a position to make advances to individual mortgagors.

Mr. Freeson

I am satisfied that the terms under which the loans have been offered are putting building societies in a position to achieve a higher level of mortgage advances than would otherwise have been the case.