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United Kingdom · Question · Written question

UIN 58970

Property Development: Local Government

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 June 2025

Last action

19 June 2025 · Answer

Status

Answered

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Discovery layer

Source updated

19 June 2025

Summary

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.

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Timeline

  1. 11 June 2025

    Written question

    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.

    Source: Commons

  2. 19 June 2025

    Answer

    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...

    Source: Written answer

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