HC Deb 17 May 1976 vol 911 c337W
Mr. Tierney

asked the Chancellor of the Exchequer what was the total amount of tax relief allowed on mortgage interest payments in the current year and for each of the past five years.

Mr. Robert Sheldon

The estimated cost of tax relief in respect of mortgage interest payments for the five years up to 1975–76 is as follows:

£ million
1971–72 310
1972–73 365
1973–74 510
1974–75 695
1975–76 865

An estimate for the current year is not yet available.

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