HC Deb 22 February 1988 vol 128 cc108-9W
Mr. Ingram

To ask the Secretary of State for Scotland (1) if he will give the capital programme for the Scottish

Special Housing Association for each of the last five years, showing the proportion in real and percentage terms financed from capital receipts and from borrowing;

(2) if he will give the projected capital programme for the Scottish Special Housing Association for each of the next five years, showing the proportion in real and percentage terms to be financed from projected capital receipts and from borrowing;

(3) if he will give the capital receipts from house sales for each of the last five years for the Scottish Special Housing Association.

Lord James Douglas-Hamilton

As the Scottish Special Housing Association's capital allocation is determine

Capital Programme Expenditure and Capital Sales Receipts
Capital programme expenditure Capital programme expenditure Capital receipts from house sales Capital receipts from house sales as a percentage of capital programme expenditure
(cash price) £ million (1986–87 prices) £ million (cash price) £ million (cash price) Percentage
1982–83 59.9 71.6 19.2 32.0
1983–84 52.3 59.7 30.1 57.6
1984–85 65.0 71.1 35.0 53.8
1985–86 50.7 52.3 24.9 49.1
1986–87 54.0 54.0 23.0 42.6
1987–88 64.7 n.a. 39.9 61.7
1988–89 54.9 n.a. 40.3 73.4

Mr. Ingram

To ask the Secretary of State for Scotland if he will list each of the sums borrowed by the Scottish Special Housing Association in 1987 to finance its capital programmes, showing in each case the terms and from whom borrowed.

Lord James Douglas-Hamilton

The information is shown in the table. All the association's borrowings are from the National Loans Fund.

Sums borrowed by the SSHA from the National Loans Fund in 1987–88 (to 19 February 1988)
Date of advance Amount of loan Term Interest Rate Per cent.
£ million
2 April 1987 6.0 60 years 9.125
30 June 1987 4.2 60 years 9.250
30 June 1987 11.8 30 years 9.250
30 June 1987 16.0 183 days 9.250
31 December 1987 16.0 60 years 9.750