On the latter part of that question, following the discussion about Section 105—indeed, the previous Question—I shall be asking the building societies tomorrow to enter into discussions with local authorities to try to make good the shortfall in local authority lending involved in the switch of £100 million. On the first part of the question, the real difficulty is that if the societies were to reduce the mortgage rate below 11 per cent. they would certainly have to reduce the investment rate below 7 per cent., to which they have in any case reduced it. We think that if they were to reduce their investment rate below that figure of 7 per cent. we should begin to jeopardise the flow of mortgage money this year. We are not prepared to do that.