§ Mr. Harry BarnesTo ask the Secretary of State for the Environment what information he has on the housing associations, building societies and local authorities within Derbyshire who are involved in negotiations with the Council of Mortgage Lenders to provide mortgage rescue schemes.
§ Mr. Yeo[holding answer 10 March 1992]: Nine members of the Council of Mortgage Lenders have so far announced details of their mortgage rescue schemes, some of them involving agreements with housing associations; others are still being negotiated. I hope that borrowers in Derbyshire will benefit from these schemes, and from the other measures announced by my right hon. Friend the Chancellor of the Exchequer on 19 December, as will borrowers in other parts of the country. I understand that Amber Valley district council is intending to introduce a mortgage rescue scheme in conjunction with Walbrook housing association. Derby city council has said that it regards the introduction of a mortgage rescue scheme as a priority.