HC Deb 19 November 1979 vol 974 c70W
Mr. Dempsey

asked the Chancellor of the Exchequer what is the rate of tax relief per £1,000 given to mortgage borrowers at the most recent convenient date.

Mr. Peter Rees

The relief in the first year, at the present basic rate of tax and a mortgage interest rate of 11¾ per cent., would be £35 per £1,000 of mortgage.