§ Mr. Lubbockasked the Minister of Housing and Local Government if he will publish in the OFFICIAL REPORT a table similar to the one on page 42 of the Report of the Milner-Holland Committee, giving up-to-date figures of
COMPARISON OF WEEKLY COST TO THE HOUSEHOLDER OF ACCOMMODATION UNDER VARIOUS TYPES OF OWNER, 1969* Landlord. Rent per week Owner-occupier. Payment per week Average total cost of dwelling, including land† Local authority Rent per week‡ Housing association§ Private landlord║ Before tax relief After tax relief £ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 7,600 4 15 6 14 3 3 17 7 9 14 5 6 10 5 9 5,200 3 10 6 9 17 6 12 1 6 9 15 6 7 1 0 * Based on the table on page 42 of the Report of the Milner-Holland Committee, which dealt with the position in 1964. The same allowances for repairs and management are included. † Original estimates for 1964 increased notionally for price rises since then. ‡ Original estimates increased by the estimated average rise in local authority unrebated rents. These rents reflect rent pooling, Exchequer subsidies and any rate fund contribution. § Calculated on a loan at 9¼ per cent. per annum for 60 years and assuming no Exchequer subsidy payable. ║ Calculated to give a gross return of 11½ per cent. per annum. ¶ Calculated on a 100 per cent. mortgage at 8½ per cent. per annum for 25 years' term. Assumed that the mortgagor receives the maximum relief from income tax at the standard rate on earned income.