asked the Secetary of State for the Environment if he will update to the most recent date possible table iv.20 of the 1977 "Housing Policy Technical Volume".
A complete up-dating of table iv.20 of the 1977 "Housing Policy Technical Volume" could not
|Outgoings of owner-occupiers gross and net of tax relief and option mortgage subsidy|
|(£ million, out-turn prices)|
|Interest on house purchase loans||2,516||2,995||3,125||3,680||5,395|
|Regular repayments of mortgage principal (a) (e):|
|Expenditure on repair, maintenance, and decoration (b) (c)||1,015||1,230||1,150||1,495||2,055|
|Insurance of structure (premiums less claims) (b)||52||60||75||90||110|
|Total of above items (rounded)||4,115||4,900||5,245||6,265||8,510|
|Tax relief on interest (d)||865||1,090||1,040||1,110||1,450|
|Option Mortgage subsidy||105||140||150||140||190|
(a) 1975–76 figures from technical volume, chapter 4, appendix A.
(b) The numbers of owner-occupier households by which the averages per household were multiplied to give the totals are 1971 census-based estimates, which may be revised in the light o the 1981 census.
(c) Table iv.20 of the technical volume gave smoothed figures. The year to year variations in 1976–79 in the figures of average expenditure per household on repairs, maintenance, and decoration were too great for smoothing to be attempted.
(d) The figure for 1975–76 differs from that in table iv.20 in that tax relief on interest paid by housing societies (not estimated in 1976–77 and later years) has not been deducted.
(e) For 1976–77 and subsequent years an estimate of premiums on life policies for repaying house purchase loans is not available. To make the 1975–76 figures comparable, only annuity repayments on loans by building societies and local authorities are shown. The 1975–76 figures shown above were published in table A. 1 of chapter 4 of the housing policy technical volume; this sum (£532 million) differs from the £672 million given in table iv.20 by the amount of life assurance premiums less the mortgage protection element.