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Local Authority Mortgages

Volume 891: debated on Thursday 1 May 1975

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asked the Secretary of State for the Environment what reply he has sent to the letter addressed to his Department on 10th April by the Association of Broxbourne Council Mortgagees expressing disappointment at the lack of urgency displayed in dealing with the problem of the high interest rates obtaining for local authority mortgagees.

I am sending the right hon. and learned Gentleman a copy of the letter to the association. I am indeed concerned about this problem but cannot at present add to the points I made in answering Supplementary Questions on Wednesday 19th March.—[Vol. 888, c. 1638–41.]