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Volume 895: debated on Monday 7 July 1975

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asked the Secretary of State for Wales if he will reconsider his policy of allowing mortgage facilities for housing associations and at the same time cutting back on local authority mortgages since they are generally taken up by first-time buyers of older properties, with the effect of reducing council housing waiting lists.

My right hon. and learned Friend has asked local authorities to suspend mortgage lending including lending to housing associations while we review the distribution of housing finance in Wales for the remainder of 1975–76. Similar measures are not required for grants and loans to the Housing Corporation and housing associations since these are already subject to specific controls by the Welsh Office.