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Housing Subsidies And Mortgage Interest Relief

Volume 828: debated on Tuesday 21 December 1971

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asked the Secretary of State for the Environment if he will publish the total central Government subsidy to local government housing for each year since 1945; and if he will accompany this with a table giving the total income tax mortgage concessions to owner-occupiers.

The total payments of subsidies (including improvement contributions) to local authorities, new towns and housing associations in Great Britain are in column 1 of the following Table. Tax relief on mortgage interest payments for owner-occupiers in the United Kingdom is in column 2. As Great Britain's figures for tax relief are not available the two columns are not directly comparable.

Column 1 Great Britain Subsidies to local authorities Column 2 United Kingdom Tax relief on mortgage interest payments
£m.£m.
1945–461710
1946–471710
1947–482210
1948–493915
1949–503115
1950–512915
1951–523220
1952–533720
1953–544425
1954–555225
1955–566030
1956–576335
1957–586640
1958–597245
1959–607750
1960–617870
1961–628275
1962–638575
1963–648790
1964–6595110
1965–66101135
1966–67108155
1967–68122180
1968–69139195
1969–70162235
1970–71203300
The figures before 1960–61 are very approximate.