§ Mr. Elystan Morganasked the Chancellor of the Exchequer (1) if he will introduce legislation to abolish stamp duty on mortgages for sums not in excess of £4,500;
(2) if he will introduce legislation to abolish the payment of Stamp Duty on the transfer and redemption of mortgages.
32W
§ Mr. MacDermotI have noted my hon. Friend's suggestions, but I cannot anticipate my right hon. Friend's Budget Statement.
§ Mr. Elystan Morganasked the Chancellor of the Exchequer what would be the annual cost to the Exchequer of the abolition of all stamp duties on mortgages.
§ Mr. MacDermotAbout £4 million in a full year.