§ Mr. Douglas—Mannasked the Secretary of State for the Environment what consequences he envisages for low—income house purchasers from the Government's proposals, announced by the Economic Secretary to the Treasury in an Adjournment debate on Friday 12 February, to phase out the option mortgage scheme.
§ Mr. StanleyThe position of option borrowers was set out in the answer given on 17 December 1981 by my hon. Friend the Financial Secretary to the Treasury to my hon. Friend the Member for Ravensbourne (Mr. Hunt).—[Vol. 15, c. 176–78.]