§ Mr. Terry Walkerasked the Secretary of State for the Environment if he will make further grants available to local authorities for the purchase of new and unsold private houses.
§ Mr. Freeson:Subsidy is available for approved expenditure on acquisitions on the same basis as is applicable in the case of new housebuilding, for which the new generous rate of subsidy provided by our Housing Rents and Subsidies Act 1975 will apply as from 1st April.