HC Deb 14 July 1981 vol 8 c336W
Mrs. Renée Short

asked the Chancellor of the Exchequer what is the value of mortgage tax relief to owner-occupiers at the latest convenient date; and what are the comparable figures for the same date in 1978, 1979 and 1980.

Mr. Peter Rees

[pursuant to his reply, 9 July 1981]: The information is available only for financial years. Estimates are as follows:

Value of mortgage tax relief to all owner occupiers
£ million
1978–79 1,110
1979–80 1,450
1980–81 1,960
1981–82 1,830

The estimate for 1981–82 is made on the basis of an interest rate of 13 per cent. throughout the year.