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Rented Property

Volume 169: debated on Tuesday 13 March 1990

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To ask the Chancellor of the Exchequer how many new lettings have been made available as a result of the introduction of the business expansion scheme in (a) inner London, (b) Greater London, (c) other metropolitan areas and (d) the United Kingdom as a whole, expressed both as a figure and as a percentage of (i) all privately rented property and (ii) all rented property.

Provisional estimates for new lettings from investments under the business expansion scheme in 1988–89 are as follows. Separate figures for inner and Greater London and other metropolitan areas could be provided only at disproportionate costs.

New lettings
TotalAs a percentage of:
all privately rented propertyall rented property
South East England2,2500·40·1
United Kingdom6,5000·40·1
Information for 1989–90 is not yet available.