Labour's calculated how much different areas can expect to see mortgages go up. London tops the ranking, with costs set to soar by £13,980 in Kensington.
Homeowners are looking at possible mortgage rate increases of up to £14,000 a year,The party used data from 2021’s census to calculate how much different areas can expect to see mortgages go up.
Further down the list, Sheffield Hallam is predicted to see mortgages rise by £3,080, North East Derbyshire by £2,070, and Plymouth, Sutton and Devonport by £1,850. ‘People are asking themselves whether they or their family are better off under the Tories. The answer is no. ‘The Labour Party offer no real change on the issues that matter to the British people. We have a real plan to half inflation this year and build a better Britain.’This will worry the many families already paying a Tory mortgage penalty.February 2, 2023
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