§ Mr. Muddasked the Chancellor of the Exchequer whether tax relief will continue for purchasers of mobile homes, as owner-occupiers, in respect of loans from finance companies over periods of from one to 10 years for the purchase of their homes as was the position up to and including the date of the introduction of his Budget.
§ Dr. GilbertIt is proposed that interest on loans taken out after Budget Day for the purchase of certain types of caravan should qualify for tax relief like any other property used as the borrower's principal private residence. Interest on a loan other than an overdraft taken out on or before 26th March 1974 would continue to be eligible for relief on the existing basis for six years whether or not it qualified under the proposed new rules.