§ Mr. DewarTo ask the Chancellor of the Exchequer if he will update his answer to the hon. Member for Ceredigion and Pembroke, North (Mr. Dafis) of 12 July,Official Report, columns 367–68, to include estimates for 1994–95 based upon changes already announced in the 1993 Budget and assuming indexation otherwise.
§ Mr. DorrellThe estimates for 1994–95 are shown in the table. The figures are based on the conventional assumption of no further changes in interest rates.
Mortgage interest relief by range of total income1: Numbers 000's Range of total income1 (lower limit) £ Number of single people or married couples benefiting from mortgage interest Relief Thousands Average mortgage interest relief— Cost of mortgage interest relief—million 0 840 300 250 5,000 1,050 270 280 10,000 2,080 320 670 15,000 2,260 360 810 20,000 1,360 380 510 25,000 910 400 360 30,000 800 400 330 40,000 700 420 290 Total 10,000 350 3,500 1 Total income of husband for married couples.