§ Mr. Peter Bottomleyasked the Secretary of State for the Environment if he will publish in the Official Report the total expenditure on the option mortgage scheme for each year since 1968; and if he will express these sums in 1977 prices.
§ Mr. ArmstrongFollowing is information on option mortgage subsidy payments made in Great Britain for each financial year since 1968–69:
OPTION MORTGAGE SUBSIDY PAYMENTS: GREAT BRITAIN £million Financial year Current Prices 1976–77 Prices 1968–69 … … 7 16 1969–70 … … 9 21 1970–71 … … 13 27 1971–72 … … 18 35 1972–73 … … 28 51 1973–74 … … 50 84 1974–75 … … 75 107 1975–76 … … 104 118 1976–77 … … 140 140