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Wales Online
Wales Online
National
Luke O'Reilly & Will Maule

Families paying more than £530 extra on mortgage due to Liz Truss, says Labour

Families are paying more than £530 extra for their mortgage than at this time last year, analysis by the Labour Party shows.

Laying the blame with Liz Truss’s “disastrous premiership”, Labour said a family with a mortgage on the average property are paying £537 a month more than they would have 12 months ago.

Lisa Nandy MP, shadow levelling up secretary, said tens of thousands of families will be paying higher mortgages for years “because the Conservatives crashed the economy”.

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