Housebuyers are paying £4,000 more per year as they are hit by a Tory mortgage penalty, Labour has claimed.
Rachel Reeves accused the government of destroying many people’s dreams of getting on the housing ladder.
Figures show that a person looking to buy the average house last month would be paying £4,060 more per year for the average two-year mortgage than they would have paid when Rishi Sunak became chancellor in February 2020.
