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Daily Record
Daily Record
National
Hannah Rodger

Thousands of Scots call for government action after mortgage interest rate rise

Up to 40,000 Scots who are locked in as “mortgage prisoners” are calling for government action to help them in the wake of the latest interest rate rise.

People all across the country have been paying hundreds of pounds more on interest on their mortgages since the 2008 financial crash.

Some are now at risk of losing their homes as they haven’t been able to pay off their loans by the end of the term while others are struggling to feed their families as they are paying every penny to clear their debts.

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