Rents-into-Mortgages Scheme

HC Deb 30 November 1989 vol 162 cc337-8W

Mr. French

To ask the Secretary of State for Wales if he has any plans to extend his rents-into-mortgages scheme to local authority tenants.

Mr. Grist

The scheme is being introduced by the Development Board for Rural Wales on an experimental basis. We shall be assessing its impact within the next 12 months.

Mr. French

To ask the Secretary of State for Wales if he has any plans to use television advertising to promote his rents-into-mortgages scheme.

Mr. Grist

No.

Mr. French

To ask the Secretary of State for Wales if he will list the estates owned by the Development Board for Rural Wales, showing their location within Wales; and if he will estimate the average income of eligible tenants for participation in the rents-into-mortgages scheme, for these estates.

Mr. Grist

The development board has five estates at Newtown—Trehafren, Treowen, Measydail, Vaynor, and St. Mary's close—and also housing at Bala, Dolgellau, Twyyn, Llandrindod Wells and Abercrave. It is not possible to estimate the average incomes of the development board's tenants with any accuracy.