§ Mr. Bishopasked the Chancellor of the Exchequer how he proposes to satisfy himselftha t the abolition of stamp duty on mortgages on 1st August will result in the passing on of savings to house purchasers.
§ Mr. Patrick JenkinWhere, as is commonly the case, the stamp duty on a mortgage is borne by the house purchaser, he should automatically benefit from its abolition.