Mortgage Holders Now £580 A Month Worse Off, Says Labour

Labour said it the hike in costs was a direct result of “13 years of economic failure and instability under the Conservatives”.According to analysis by the party, a typical household with a mortgage is forecast to spend £618 a week on essentials such as food, transport and fuel bills — up from £535 in 2021/22. This is an increase of £360 a month.

On Thursday, voters go to the polls in Mid Bedfordshire and Tamworth in by-elections triggered by the resignation of former Tory MPs “The Conservatives crashed the economy and now families are paying the price with more expensive mortgage payments, higher bills, and rising prices in the shops.

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