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Local Authority Mortgages

Volume 929: debated on Monday 28 March 1977

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asked the Secretary of State for the Environment what representations he has received from Oldham Metropolitan Borough Council concerning the allocation for mortgage advances in 1977–78; and what reply he had made.

Oldham Metropolitan Borough Council wrote to the Department on 9th March seeking an increase in mortgage lending quotas. A number of similar requests from other local authorities have been received, and replies will be sent shortly.

asked the Secretary of State for the Environment if he will list in the Official Report those district councils in the North-West and Yorkshire and Humberside Regions where the allocation under the building societies support scheme is less for 1977–78 than it was in 1976–77.

28 local authorities in the North-West Region will be participating in the new building society replacement lending scheme. Of these, the following have received an allocation for 1977–78 which is less than that made under the £100 million scheme: Knowsley, Lancaster, Liverpool, Oldham, Salford, Stockport.

Local authorities in the Yorkshire and Humberside Region did not receive specific allocations under the £100 million scheme, but they were free to operate within an overall limit for the region.