A question on #PropertyDevelopment #LocalGovernment tabled by Kevin Hollinrake on 11-06-2025 has been answered by Matthew Pennycook.

Heading: Property Development: Local Government
Question ID: 1811490
UIN: 58970
House: Commons
Date tabled: 2025-06-11
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, what guidance her Department has issued to local authorities on offering loans to property (a) companies and (b) developers.
Is named day: false
Date of holding answer:
Date answered: 2025-06-19
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:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: It is for local authorities to determine their own capital strategies given 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 m...
Original answer text:
Comparable answer text:
Answering body ID: 7
Answering body name: Ministry of Housing, Communities and Local Government
Tweeted: true