Mr. Alfred Morrisfor theasked the Minister of Housing and Local Government what are the comparative figures financial year 1968–69 of the cost to the Exchequer of local authority rented housing and private home ownership; and what are the estimated figures for 1969–70.
§ Mr. FreesonThe information is as follows:
Total Amount (estimated) 1968–69 1969–70 £m. £m. Great Britain Government subsidies to local authorities* 137 164 United Kingdom Mortgage interest relief to house mortgagorst 202 224 * These are subsidies payable on the provision of new dwellings under all subsidy legislation, including subsidies payable to the New Towns Commission and Development Corporations. These figures exclude all loans provided by the Government for housing. No separate mortgage interest relief figures for Great Britain are available. The figures include an estimate for assistance provided undo the option mortgage scheme.
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