§ Mr. Tim Smithasked the Secretary of State for the Environment if he will introduce legislation to seek to clarify and strengthen the powers of local authorities to give guarantees to building societies that older properties are acceptable security for loans.
§ Mr. ArmstrongAs foreshadowed in the Green Paper on Housing Policy, my right hon. Friend will consider, in consultation with the local authority associations, whether and in what ways these powers should be clarified and strengthened.