HC Deb 18 October 1973 vol 861 cc267-8W
Mr. Meacher

asked the Chancellor of the Exchequer, for a house-buyer on the top rate of income tax taking out a £50,000 mortgage and paying interest at 9½ per cent., what interest will he be liable to pay over a 25-year period and what total tax relief will he receive according to different types of mortgage involving both regular and non-regular repayments.

Mr. Nott

I will let the hon. Member have a reply as soon as possible.

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