§ Mr. SoleyTo ask the Secretary of State for Wales what has been the total cost to date of setting up, publicising and administering the flexi-ownership or rents into mortgage schemes in Wales; and how many tenants have so far acquired part-ownership of their homes under this scheme.
§ Mr. Nicholas BennettThe Development Board for Rural Wales—(DBRW)—has dealt with 299 inquiries. To date, there have been 52 completed sales. About £10,000 was incurred by the Department and the DBRW in setting up the scheme and £14,000 on publicity. The DBRW has spent some £40,000 on administration costs.