§ Dr. Lynne JonesTo ask the Chancellor of the Exchequer what analysis he has made of the benefits arising out of the operation of the scheme that gives tax relief for mortgage interest payments and of whether this represents value for the revenue forgone when compared with the cost of a scheme of universal housing benefits.
§ Mr. DorrellWe keep the costs and benefits of all tax reliefs under continuous review. Mortgage interest relief helps some 9.8 million borrowers to buy their own homes, and is estimated to cost £5.2 billion in 1992–93.