asked the Secretary of State for the Environment what is the total amount of money advanced as mortgages by local authorities so far in the year 1975–76; and how much of this total has been advanced since the issue of Circular 64/75.
Local authorities in England have reported advances totalling £436 million to private persons for house purchase from April to December 1975, including 262 million after June 1975 when Circular 64/75 was issued.
asked the Secretary of State for the Environment what amounts of money were advanced as mortgages by local authorities in each of the last six years, expressed (a) as annual totals at contemporary values and (b) as annual totals at December 1975 values.
Estimates of amounts advanced by English authorities to private persons for house purchase are:
| £ million | ||
| Outturn prices | December 1975 prices | |
| 1969–70 | 44 | 111 |
| 1970–71 | 132 | 307 |
| 1971–72 | 134 | 268 |
| 1972–73 | 151 | 213 |
| 1973–74 | 336 | 374 |
| 1974–75 | 580 | 621 |