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Daily Record

Politics

Andrew Quinn

Scots who re-mortgage next year will pay extra £190 a month, Labour claims

Rachel Reeves Scotland SNP

Scots who re-mortgage their homes next year will be paying nearly £200 more a month, Labour analysis suggests.

The party estimates that 546,600 households in Scotland will re-mortgage by 2026, and those that do so next year will pay an average of £190 more a month.

Labour shadow Chancellor Rachel Reeves said that Labour would protect mortgage holders ahead of a visit to Glasgow on Friday.

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