I beg to ask the hon. Member for South Somerset, as representing the President of the Board of Agriculture, what rent has been agreed to be paid to the Crown for that portion of the Walpole House Farm in Norfolk which is to be converted into small holdings?
The amount of rent is £697 10s. 0d. per annum for the first two years and £775 per annum thereafter, and in addition the lessees will pay interest at four per cent. on the expenditure (estimated at about £3,800) that may be made by the Crown in providing the necessary houses, buildings, fencing, etc.
How many acres have been converted into small holdings?
Roughly speaking 560; 360 are to be let with the old building.
What was the previous rent?
The rent now will be the same as before.