HC Deb 28 June 1978 vol 952 cc574-5W
Mr. Sillars

asked the Secretary of State for the Environment what is the cost to public funds of the option mortgagors scheme.

Mr. Freeson

Provisional outturn expenditure in 1977–78 for Great Britain was £154 million. The effect on the Exchequer was, of course, less than this as option mortgages are not entitled to tax relief on their mortgage interest payments.