HC Deb 06 July 1965 vol 715 c193W
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 amounts million a year) Average amount per house-purchaser or council tenants 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.