Written Question·Treasury·UIN 58868
Mortgages: Tax Allowances
Tabled: 10 June 2025
Answered: 18 June 2025
Question
Gregory Stafford
Conservative — Farnham and Bordon
To ask the Chancellor of the Exchequer, if she will make an assessment of the effectiveness of historical mortgage tax relief schemes in supporting access to home ownership.
Answer
Emma ReynoldsThe Government must ensure the tax system supports strong public finances whilst targeting support where it is most needed. Mortgage interest relief, which was a historical feature of the UK tax system that was abolished in 2000, benefitted lower income i...
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