§ Mr. Bestasked the Secretary of State for the Environment if he will list for the years 1958 to 1978 (a) average council house rents, and (b) mortgage interest rates.
§ Mr. Geoffrey FinsbergThe information is as follows:
Estimated average weekly unrebated rents of local authorities in April each year* Recommended building society mortgage interest rates £ Per cent. Month of recommendation 1958 0.96 6 1959 1.01 5½ May 1960 1.04 6 May 1961 1.10 6½ May 1962 1.22 6 January 1963 1.28 6 1964 1.35 6 1965 1.44 6¾ January 1966 1.60 7⅛ May 1967 1.75 7⅛ 1968 1.93 7⅝ April 1969 2.09 8½ March 1970 2.35 8½ 1971 2.48 8 October 1972 2.75 8½ September 1973 3.44 9½ April 10 August 11 September 1974 3.78 11 1975 4.16 11 1976 4.77 10½ April 12¼ October 1977 5.52 11¼ April 10½ June 9½ September 1978 5.85 8½ January 9¾ June 11¾ December * May 1973.