HC Deb 02 December 1981 vol 14 cc147-8W
Mr. Dewar

asked the Secretary of State for Scotland what is (a) the average market value assessed for houses sold under the Tenants' Rights Etc. (Scotland) Act 1980, (b) the average discount given on sales and (c) the average sale price agreed, after discount, for (i) Scotland, (ii) each district and island authority, (iii) each new town development corporation and (iv) the Scottish Special Housing Association.

Mr. Rifkind

I shall write to the hon. Member as soon as possible.

Mr. Dewar

asked the Secretary of State for Scotland what proportion of sales under the Tenants' Rights Etc. (Scotland) Act 1980 has been financed by (a) a local authority mortgage, (b) a building society mortgage and (c) other sources.

Mr. Rifkind

Information specifically identifying sales under the Act is not available. The available information on the main source of finance for sales on whatever basis for owner occupation by local authorities, new towns and the SSHA since October 1980, is as follows:

Main Source of Finance: Percentage of Sales
per cent.
Public Sector Loan 37
Building Society 13
Other 5
Not known 45

Mr. Dewar

asked the Secretary of State for Scotland what are the capital receipts from house sales expected by (a) local authorities, (b) new town development corporations and (c) the Scottish Special Housing Association for 1981–82.

Mr. Rifkind

My Department's estimate of capital receipts from house sales in 1981–82, net of the amounts lent to tenants to assist them to buy their homes, are

£ million
(a) local authorities 48.8
(b) new town development corporations 5.4
(c) Scottish Special Housing Association 8.4

These figures do not include capital receipts from the repayment of loans made to assist tenants to buy their houses, which are estimated at between £2 million and £3 million for 1981–82.