
Sadiq Khan has warned that Liz Truss’s ‘mini-budget’ is still being felt in Londoners’ mortgage costs, which City Hall says are in some cases more than £200 higher as a result.
Almost 18 months on from the short-lived PM’s September 2022 ‘fiscal event’, an analysis by the mayor’s team has shown that first-time buyers and those re-mortgaging in London face paying £209 more each month on their mortgage.