THE SNP have accused the Tory UK Government of "robbing young people of their dream of home ownership" and "pushing families into housing poverty" as interest rates soar and mortgage deals vanish from the market.
Following the mini-budget announcement on Friday, SNP housing spokesperson Patricia Gibson has warned the UK Government is "causing a spiralling housing crisis" that will leave many unable to afford their mortgage payments or get on the housing ladder in the first place.
It comes as Halifax, Virgin Money, and Skipton Building Society have halted mortgage offers for new customers and the Bank of England warns it may hike interest rates again as the pound suffered a dramatic fall against the US dollar.
