HC Deb 08 December 1976 vol 922 cc219-20W
34. Mr. MacGregor

asked the Secretary of State for the Environment what were the numbers of local authority mortgages for loan purchase granted in 1974, 1975 and to the latest available date in the current year.

Mr. Freeson

The numbers of house purchase loans to individuals reported by local authorities in England and Wales were 75,396 in 1974; 101,952 in 1975; and 18,855 to the end of September 1976. Over 16,000 prospective borrowers referred by local authorities to building societies this year have had their loan applications approved.

Mr. Hatton

asked the Secretary of State for the Environment how much money will be available to local authorities for home loans in the next financial year; and how this compares with 1976–77.

Mr. Freeson

A total of £236 million was allocated in 1976–77. I hope to announce the allocations for 1977–78 shortly.

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