HC Deb 21 December 1984 vol 70 cc353-4W
Mr. Chris Smith

asked the Chancellor of the Exchequer if he will estimate the total value of mortgage interest relief forgone as tax income by the Inland Revenue, and the average amount of relief received by each mortgagor, in England and in London, for 1984–85.

Mr. Moore

The latest estimates are as follows:

Mortgage Interest Relief
Total cost £ million Cost per mortgagor £
London 480 620
England 3,100 500
United Kingdom 3,500 500