§ 42. Mr. Hugh Jenkins
asked the Minister of Housing and Local Government what is the average cost to the Exchequer of giving mortgage relief to house purchasers; how it compares with the cost to the Exchequer of subsidies towards municipal housing; what is the total cost of subsidies to municipal housing, including local authority subsidies; and how the average cost per tenant compares with the average Exchequer cost per house-purchaser.
§ Mr. Crossman
The information is as follows:
Great Britain Total amount (£s million a year) Average amount per house-purchaser or council tenant (£s a year) Mortgage interest relief 1964–65 125 31.1 Exchequer subsidies to local authorities 1964–65 87.6 18.9 Rate subsidies 1962–63 35.7 7.7
1962–63 is the latest year for which figures of rate fund contributions to housing revenue accounts are available.