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Mr. Kaufman
asked the Chancellor of the Exchequer what is the aggregate cost to the Exchequer of tax relief on mortgage repayments for first-time house buyers (a) in the first year of repayment and (b) in each of the next four years.
Sir Geoffrey Howe
I shall let the right hon. Member have a reply as soon as possible.
Mr. Kaufman
asked the Chancellor of the Exchequer what would be the annual gain to the Exchequer of restricting tax relief on mortgage repayments to tax paid at the standard rate of income tax.
Sir Geoffrey Howe
I shall let the right hon. Member have a reply as soon as possible.