HC Deb 24 May 1990 vol 173 c298W
Mr. Walden

To ask the Chancellor of the Exchequer what the cost was to Her Majesty's Treasury of higher-rate mortgage tax relief for the years 1987, 1988 and 1989.

Mr. Lilley

Estimates for financial years are as follows:

Cost of mortgage interest relief at excess over the basic rate of income tax
Year £ million
1987–88 430
1988–89 310
11989–90 430
1 Provisional.