§ Mr. Malcolm BruceTo ask the Chancellor of Exchequer what is his policy in respect of mortgage interest relief at source at the present rate of 15 per cent.(a) for the rest of the current financial year and (b) for the following five financial years. [520]
§ Mr. Jack[holding answer 31 October 1996]: My right hon. and learned Friend the Chancellor of the Exchequer said in his last Budget speech that mortgage interest relief will remain unchanged for the lifetime of this Parliament. Beyond that, the level of mortgage interest relief is a matter to be considered each year in the Budget.