§ Mr. Foster
asked the Secretary of State for the Environment whether, in respect of dwellings owned by local authorities transferred from new town development corporations where the cost of remedial works to make good design or construction deficiencies is only slightly less than the cost of building replacement dwellings to modern standards, he will agree to write off outstanding loan charges on such properties following demolition.
§ Mr. Stanley
No. Outstanding loan charges on dwellings that are demolished do not count for subsidy. However, the actual cost of demolition may be admissible for subsidy if the site is redeveloped for housing.