Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make it his policy to reintroduce the Mortgage Interest Relief at Source scheme.

There are a wide range of factors to consider when introducing a relief. Landlords are also already able to claim tax relief on finance costs for their rental property. For unincorporated landlords, this can be claimed at the basic rate of Income Tax.

The Government has no current plans to reintroduce the Mortgage interest relief at Source (MIRAS) scheme. As with all aspects of the tax system, the Government keeps tax reliefs under review and any decisions on future changes will be taken by the Chancellor in the context of the wider public finances.