HC Deb 03 November 1992 vol 213 c119W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer what plans he has to study the German system of mortgage tax relief for first-time buyers of homes as an alternative to mortgage interest relief at source.

Mr. Dorrell

The Government have received a number of suggestions recently involving increased mortgage interest relief for first-time buyers, all of which are considered carefully.

Mr. Dafis

To ask the Chancellor of the Exchequer if he will make it his policy to grant mortgage holders the right to capitalise mortgage interest relief at source tax benefit as a means of reducing mortgage debts.

Mr. Dorrell

We have no plans to do so.