HC Deb 04 March 1970 vol 797 cc129-30W
Mr. Dewar

asked the Chancellor of the Exchequer what he estimates was the cost to the Exchequer of tax relief on mortgages on Scottish houses and the operation of the option mortgage scheme in Scotland in the last financial year; and what was the average aid given in this way to each owner-occupier in Scotland in that year.

Mr. Taverne

The aggregate tax relief for mortgage interest and the cost of the option mortgage scheme in the case of Scottish owner-occupiers in 1968–69 are estimated at about £6½ million and about £40,000 respectively. Accurate figures of lie numbers affected are not available; dom Government made since October, 1964, distinguishing those from the International Monetary Fund and parallel loans from Switzerland.

Mr. Taverne

The information is given below:

but such evidence as there is suggests that the average for each owner-occupier was close to the average for Great Britain as a whole (£43 10s.).