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The Independent UK
The Independent UK
Business
Sophie Wingate

Labour reveals thousands of pounds a year mortgage hikes for homeowners

PA Wire

Homeowners could face mortgage hikes of up to £14,000 a year as they come off low fixed-rate deals, adding to the squeeze on living standards, Labour has said.

Analysis by the party shows predicted annual increases in costs for median house purchase at 80 per cent mortgage in every constituency in the UK.

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