“They haven't been taking unnecessary risks, they are just ordinary homeowning mortgage payers and they are struggling.” Read more: Watch Politics Midlands:
, Mrs Allan said: "My constituents are telling me that they are finding that they are struggling to meet their monthly mortgage payments.
"And there is no doubt that they are not overleveraged, they haven't been taking unnecessary risks, they are just ordinary homeowning mortgage payers and they are struggling. "We're hearing politicians saying it is a price worth paying to bring down inflation, but who is paying that price? And it is a very small proportion of the population."After bosses meet with Mr Hunt in Downing Street on Friday, banks have said borrowers will be able to make a temporary change to their mortgage terms as rates soar, before being able to return to their original deal within six months.
During Prime Minister's Questions this week, Rishi Sunak claimed the government is "on track to keep reducing" inflation.
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