HC Deb 14 November 1979 vol 973 c654W
41. Mr. Frank Allaun

asked the Secretary of State for the Environment if he will take action to prevent further rises in the interest rate on building society mortgages.

Mr. Stanley

It is for the building societies to balance an increase in mortgage costs against the need for an adequate flow of mortgage funds, but my right hon. Friend last week set up the House Purchase Finance Group to consider how the flow of funds can be improved.

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