| Heading: |
Property Development: Loans |
| Question ID: |
1806859 |
| UIN: |
55292 |
| House: |
Commons |
| Date tabled: |
2025-05-30 |
| Asking Member ID: |
4474 |
| Asking Member display name: |
Kevin Hollinrake
|
| Asking Member handle: |
kevinhollinrake
|
| Asking Member Twitter reference: |
@kevinhollinrake
|
| Member interest: |
false |
| Question text: |
To ask the Secretary of State for Housing, Communities and Local Government, whether her Department has issued guidance to local authorities on offering loans to developers at (a) less than market rate and (b) on preferential terms. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-06-12 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4520 |
| Answering Member display name: |
Matthew Pennycook
|
| Answering Member handle: |
mtpennycook
|
| Answering Member Twitter reference: |
@mtpennycook
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
|
| Answer text: |
It is for councils to determine their own capital strategies, as they are best placed to understand local needs and are accountable to the local electorate. In doing so, local authorities have a duty to comply with the Prudential Framework and must have r... |
| Original answer text: |
|
| Comparable answer text: |
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| Answering body ID: |
7 |
| Answering body name: |
Ministry of Housing, Communities and Local Government |
| Tweeted: |
true |