asked the Chancellor of the Exchequer if he will take powers to compel building societies to reduce their interest charges on enemy-destroyed houses to 2½ per cent.; and if he is aware that the Halifax Building Society and Cooperative Building Society have already reduced their charges to 2½ per cent.
An excellent lead has been given by these two societies in meeting the problem of the enemy destroyed houses. My right hon. Friend is in touch with the Building Societies' Association on this matter.