§ Mr. Wm. Rossasked the Chancellor of the Exchequer what was the total cost of tax relief for mortgages on house purchase in each of the last three years; and what is the average sum per purchaser in those years.
§ Mr. Peter ReesThe information is as follows:
Cost of tax relief on mortgages Average mortgage interest relief per mortgagor receiving tax relief £m £ 1978–79 1,110 205 1979–80 1,450 265 1980–81 1,960 355