§ Mr. Heddleasked the Secretary of State for the Environment whether he will publish the results of the departmental study known as the "Beacons Exercise" in connection with the return that registered fair rents give on the capital value of residential property.
§ Mr. StanleyI refer my hon. Friend to my Department's supplementary memorandum to the Select
£ million November 1979 prices Greater London Other Met Counties Shire Counties England Accepted Grant Accepted Grant Accepted Grant Accepted Grant 1976–77 344 139 456 159 768 154 1,568 452 1977–78 301 135 343 115 569 93 1,213 343 1978–79 268 113 354 126 530 84 1,152 323 1979–80 281 121 332 106 590 110 1,203 337 1980–81 272 120 296 90 557 109 1,125 319 1981–82 285 131 296 92 532 92 1,113 315 The figures for the earlier years must be treated with revserve. It is only possible to use generalised realuation factors, which may differ significantly from the experience of particular classes of authority or the actual pattern of spending.
206WCommittee on the Environment regarding the Committee's inquiry into the private rented housing sector, a copy of which I placed in the Library in October 1981. The memorandum includes the background to, and a description of, the Department's beacons exercise together with the first results. I will consider whether the beacons results should be made more widely available.