ABSTRACT

To be admitted to the register established by the Council, a builder must agree to build only "certified" houses, which the Council inspects five times during the course of construction and, after completion to its satisfaction, the Council issues a certificate that the house complies with the standards laid down in the Council's model specification. The certificate carries with it a guarantee by the builder to make good any defects which appear within two years and which are consequent upon non-compliance with the standards of construction laid down in the model specification. "Building Societies charge high rates of interest to borrowers"

Their present charge is 4 per cent. (gross) which can hardly be considered extortionate. . . .