Mr. Simon Brook:

I will say a quick word on mortgage to rent. The current issue is not a shortage of finance; the current issue is that the main banks are not taking it seriously. That is the truth of the matter. The scheme has been running for nearly two and a half years and we and other housing associations, including RESPOND!, have put very considerable resources into it. We have 39 units completed and we have closed the sale on another 40. The Government's original proposals envisaged 500 units a year for seven years. We are nowhere near that and we never will be. The current issue is not finance, it is the fact that the banks are not taking it seriously.