§ Mr. Arthur Lathamasked the Secretary of State for the Environment if he will list the reasons for the refusal by building societies to advance mortgages to persons nominated by local authorities.
§ Mr. FreesonThis would not be practical. Reasons for refusals depend on different circumstances in particular cases. Generally, building societies are required by law to obtain adequate security for their loans, whether made to support scheme nominees or in their normal course of business.