The party is branding the increase a ‘Truss tax’ as it seeks to target traditionally Conservative seats in southern England.
Mortgage payments in the so-called blue wall have increased more than the national average, the Lib Dems have claimed
Typical homeowners coming out of a two-year deal in the week after the mini-budget last September would have seen their rate shoot up from 1.69% to 5.17%, according to Lib Dem analysis of data provided by the House of Commons Library. Ms Truss has defended her mini-budget and suggested it may have paid off in the long term, although the markets were spooked, the pound fell to a 37-year low and mortgage costs increased in its aftermath.
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