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940093

registered interest
date	12/07/2018
answering body	Department for Education
answering dept id	60
answering dept short name	Education
answering dept sort name	Education
hansard heading	Students: Loans
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what the Student Loans Company pays for capital to lend to students; and how any profits it makes are used.
tabling member printed	Lord Morris of Aberavon
uin	HL9508
answer	answer is ministerial correction date of answer 20/07/2018 answer text <p>The Student Loans Company (SLC) administers student loans on behalf of the UK government and devolved administrations with funding from Her Majesty’s Treasury. While the SLC itself pays nothing on this funding, the cost to the government of this capital is the same as that paid on its general borrowing.</p><p> </p><p>The amounts paid out and the interest charged can be found in the published document titled ‘DfE consolidated annual report and accounts 2016-17’ on pages 152 to 158, attached.</p><p> </p><p>The government does not make a profit on these loans, which is reflected through the impairment charge in note 14.3.3 on page 155 of the attachment. This shows the proportion of the loan outlay and interest that the department expects not to recover. Student loans are subsidised by the government as a deliberate investment in the skills base of the country, which delivers benefits for individual students and for society at large.</p> answering member printed Viscount Younger of Leckie question first answered 20/07/2018 13:56:50 answering member 4169 label Biography information for Viscount Younger of Leckie attachment 1 file name HL9508 - DfE_Consolidated_annual_report_and_accounts_2016-17_print (1).pdf title HL9508_acceptances_by_STEM_subject
tabling member	565 label Biography information for Lord Morris of Aberavon

934500

registered interest
date	03/07/2018
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	EU Budget: Audit
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether the historic failure of auditors to fully certify the accounts of the EU has been raised in recent negotiations.
tabling member printed	Lord Morris of Aberavon
uin	HL9181
answer	answer is ministerial correction date of answer 17/07/2018 answer text <p>As we have said previously, we are not going to provide a running commentary on every twist and turn of ongoing negotiations.</p><p>Recent negotiations have been building on the significant agreement reached in March. We’re continuing to make good progress and have reached agreement across the vast majority of the draft Withdrawal Agreement.</p><p>We are now focussed on negotiating the right future relationship and have been having regular discussions with the EU outlining our positions on a wide range of topics covering the future security partnership and the future economic partnership.</p> answering member printed Lord Callanan question first answered 17/07/2018 15:01:10 answering member 4336 label Biography information for Lord Callanan
tabling member	565 label Biography information for Lord Morris of Aberavon

934501

registered interest
date	03/07/2018
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Housing: Foreign Nationals
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what estimate, if any, they have made of the number of purchases of new build properties on the south bank of the Thames by foreign buyers in each of the last three years; and whether they intend to review the duties placed on property lawyers to investigate the source of funding for property purchases.
tabling member printed	Lord Morris of Aberavon
uin	HL9182
answer	answer is ministerial correction date of answer 16/07/2018 answer text <p>Regarding property purchase on the South Bank of the Thames the Government does not hold the data requested. However, recent research reports from the LSE and York University show that, in London, between 13-20 per cent of new builds were sold to individual foreign investors. The Government recognises concerns in some regions about the impact foreign purchase of property have on the availability of property for UK residents and is keeping the situation under review.</p><p>The Government is committed to ensuring that the UK property market is hostile to illicit finance whilst ensuring burdens on legitimate businesses are minimised. Legal professionals involved in the buying and selling of real property are covered by UK money-laundering regulations and must conduct customer due diligence checks, including identifying and verifying their clients and conducting on-going monitoring, including, where necessary, checking the source of funds. The regulations were comprehensively updated in 2017 and we’ll continue to keep them under review.</p> answering member printed Lord Bourne of Aberystwyth question first answered 16/07/2018 13:54:18 answering member 4282 label Biography information for Lord Bourne of Aberystwyth
tabling member	565 label Biography information for Lord Morris of Aberavon