§ Mr. Ormeasked the Chancellor of the Exchequer what is his latest estimate of house buyers who qualify for tax relief on their mortgages and of the annual cost to the Exchequer of tax relief to house buyers.
§ Mr. Nott,pursuant to his reply [OFFICIAL REPORT, 16th April 1973; Vol. 855, c. 18] gave the following information:
For 1971–72, the latest year for which figures are available, about 5 million people qualify for tax relief on mortgages at a cost of about £340 million.