HC Deb 27 July 1999 vol 336 c358W
Mr. Pike

To ask the Secretary of State for the Environment, Transport and the Regions (1) what is his policy on resolving problems relating to overhanging debt and early debt repayment premiums relating to the Housing Stock Transfer Programme; [93093]

(2) when he expects to publish the consultation paper on overhanging debt and early debt repayment premiums affecting the Housing Stock Transfer Programme; [93092]

(3) what the Chancellor of the Exchequer's policy is on the Department of the Environment, Transport and the Region's proposal for dealing with the problem of overhanging debt and early debt repayment premiums relating to the transfer of housing stock by Burnley Borough Council. [93091]

Mr. Raynsford

We aim to issue shortly a consultation paper setting out options for tackling the problem of overhanging debt which arises where the receipt from a housing transfer is insufficient to cover the authority's attributable housing debt.