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Housing Expenditure

Volume 888: debated on Monday 10 March 1975

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asked the Secretary of State for Scotland (1) what the housing expenditure estimates in Table 2.16 of Command Paper No. 5519 would be from financial year 1973–74, if revalued to 1974 survey prices; and what is the amount of the resulting changes which are due to policy and other factors from 1973–74;(2) what amount of the changes in the housing estimates since Command Paper No. 5519, and set out in Table 3.13 of Command Paper No. 5879, is attributable of Command Paper No. 5879 for United to housing expenditure in Scotland;(3) if he will provide a breakdown of Scottish housing expenditure from 1973 –74 into those categories used in Table 2.7

SCOTTISH COMPONENT OF TABLE 2.7 OF CMND. 5879
£ million at 1974 Survey Prices
1973–741974–751975–761976–771977–781978–79
Subsidies133·3130·1152·9163·9179·3193·3
Option mortgage scheme0·40·60·70·60·60·6
Grants to housing associations6·48·49·210·4
Improvements and renovation:
Grants21·513·68·08·79·39·8
Local authority improvement investment60·086·476·568·268·869·2
Investments:
Gross162·0170·2192·7211·5193·9178·1
Sales-12·2-9·7-9·2-6·5-6·5-6·9
Net149·8160·5183·5205·0187·4171·2
Lending:
Gross21·618·517·517·117·417·4
Repayments-5·8-8·3-9·0-8·7-9·1-9·5
Net15·810·28·58·48·37·9
Housing administration1·01·01·11·11·11·1
Total381·8402·4437·6464·3464·0463·5
Short-term loans to building societies
Total381·8402·4437·6464·3464·0463·5
Changes from Cmnd. 5519 revalued:
Policy changes+10·2+19·9+16·6+20·4
Other changes-52·5-24·8+37·6+70·9+72·3
Cmnd. 5519 revalued*434·3417·0380·1376·8371·3
* i.e. Table 2.16 of Cmnd. 5519 revalued.
SCOTTISH COMPONENT OF TABLE 3.13 OF CMND. 5879
1974–751975–761976–771977–78
3. Changes resulting from Budget Statement of 26th March:
Housing: acquisition, new building municipalisation and subsidies+8·7+17·2+10·7+11·2
5. Other announced policy changes:
Housing+1·5+2·7+5·9+9·2
B. Other changes:
Housing-24·8+ 37·6+70·9+72·3