§ Mr. Gwilym Robertsasked the Chancellor of the Exchequer if he will take steps to bring caravan-dwellers into line with house-purchasers by allowing against taxation the hire purchase interest payable on caravans used as homes.
§ Mr. MacDermotNo. The two cases are not comparable. Under the normal type of hire-purchase agreement the purchaser's periodical payments constitute rent for hire and, unlike the house-purchaser with a mortgage on the house, he does not pay interest as such.