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The Independent UK
The Independent UK
National
Adam Forrest

Britons face £5,000 a year rise on mortgages, as Labour extend huge poll lead

Getty

Britain’s mortgage holders are facing a “devastating” spike in costs that will eclipse even the energy bills crisis, Rishi Sunak’s government has been warned.

Tory MPs are increasingly worried the mortgage timebomb will cost them their seats, as new research shows many in the “blue wall” south-east of England face a £5,000-a-year increase in payments.

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