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Volume 114: debated on Monday 6 April 1987

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asked the Secretary of State for the Environment (1) what steps he has taken to ascertain if there have been any changes in the value of Thamesmead since the district valuer's valuation on 31 March 1986;(2) what is the value placed on fixed plant, machinery and equipment. vehicles and mobile plant, stocks and stores and other corporeal moveable property held by the London residuary body for the purpose of Thamesmead.

We intend to publish an explanatory paper in due course showing how the financial terms for the transfer of Thamesmead have been arrived at.

asked the Secretary of State for the Environment if tenants and other residents of Thamesmead were told of the need for sales of properties at vacant possession during the consultation organised by his Department in September and October 1985; and if he will make a statement.

Residents of Thamesmead were told that tenants would retain security of tenure and the right to buy. The question of sales of vacant dwellings is a matter for management decision by Thamesmead Town Ltd.

asked the Secretary of State for the Environment how he arrived at the sum of £2·5 million payable for Thamesmead Town Ltd. to the London residuary body; and how many vacant possession sales of property at Thamesmead it assumes.

I refer the hon. Member to the answer given by the Parliamentary Under-Secretary of State, my hon. Friend the Member for Southampton, Itchen (Mr. Chope) today.