§ Mr. Dobsonasked the Secretary of State for the Environment (i) if, further to his statement of 15 December on additional spending by housing authorities on the basis of their capital receipts, he will give a breakdown of his estimated total of £413 million between the headings given on page 2 of his letter on the housing investment programme for 1981–82 placed in the Library of the House;
(2) if he will make a statement on the treatment of local authority loans to council house buyers in the figures given for capital receipts in the housing investment programme allocation statement of 15 December.
(3) what proportion of the capital receipts of which he estimates housing authorities will be able to spend £413 million on housing in addition to their allocations arose from the sale of council houses and what number of houses he estimates will need to be sold to achieve this target.
§ Mr. John StanleyI assume that the hon. Member intends his questions to refer to page 3, paragraph 9 of the HIP allocations letter. The information is as follows:
Category A
100 per cent. (£45.9 million) of estimated receiptsfrom land 313W sales and from dwellings sold after repair, improvement or conversion under Section 108 of the Housing Act 1970 and any other category of receipts not mentioned below (£45.9 million).
Category B
50 per cent. (*212.6 million) of estimated receipts from sales of dwellings or shares of the equity in dwellings which until sale were held in the Housing Revenue Account and available for renting (£425.2 million).
Category C
50 per cent. (†26.4 million) of estimated receipts from repayments of sums left outstanding on sales of dwellings in Category B (£52.8 million).
Category D
50 per cent. (£126.5 million) of estimated receipts from repayments of principal and redemptions of advances for house purchase, or improvement, in the private sector (£253 million).
Category E
1 per cent. (£1.2 million) of repayments of loans to housing associations (including payments of Housing Association Grant) (£121 million).
Total (rounded) of estimated housing capital receipts in 1981–82—£413 million.
* This figure represents 51.5 per cent. of estimated housing capital receipts in 1981–82 and assumes the sale of 120,000 dwellings will be completed in that year.
† Almost all the estimated receipts associated with sums left outstanding on sales of council dwellings are regular payments of principal and redemptions relating to sales which have already taken place.