§ 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.