questionText: 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.
answerText: 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...
heading: Property Development: Loans