§ Mr. MaddenTo ask the Secretary of State for the Environment if he will instruct his officials to discuss with building societies and other financial institutions the guarantees they require to advance loans for the repurchase of homes by residents of Hanover square, Bradford.
§ Mr. YeoThe Government do not have a statutory power to direct mortgage lenders to provide mortgages to particular types of borrowers. It is up to the lender to decide what conditions should be met for lending prudently; building societies in particular have to safeguard the position of investors.