{"id":137323,"date":"2023-06-11T05:51:27","date_gmt":"2023-06-10T22:51:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-says-tory-mortgage-penalty-costs-homeowners-extra-7000-a-year\/"},"modified":"2023-06-11T06:20:43","modified_gmt":"2023-06-10T23:20:43","slug":"labour-says-tory-mortgage-penalty-costs-homeowners-extra-7000-a-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-says-tory-mortgage-penalty-costs-homeowners-extra-7000-a-year\/","title":{"rendered":"Labour says \u2018Tory mortgage penalty\u2019 costs homeowners extra \u00a37,000 a year"},"content":{"rendered":"


\nOpposition finds fallout of Liz Truss mini-budget has raised average mortgage interest payments by \u00a3150 a week in two yearsHomeowners are being hit with a \u201cTory mortgage penalty\u201d of \u00a37,000 a year with interest rates triple what they were two years ago, according to Labour.Pat McFadden, shadow chief secretary to the Treasury, blamed what he called the \u201creckless economic gamble\u201d taken by the Conservatives during September\u2019s mini-budget when Liz Truss was prime minister. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Labour says \u2018Tory mortgage penalty\u2019 costs homeowners extra \u00a37,000 a year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Opposition finds fallout of Liz Truss mini-budget has raised average mortgage interest payments by \u00a3150...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137323","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zIT","jetpack-related-posts":[{"id":130064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-do-tory-mps-think-of-liz-truss-a-toxic-bomb-that-could-sink-the-party-katy-balls\/","url_meta":{"origin":137323,"position":0},"title":"What do Tory MPs think of Liz Truss? 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It\u2019s the size of Labour\u2019s poll\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/liz-truss-pledges-to-help-more-renters-buy-their-first-home\/","url_meta":{"origin":137323,"position":1},"title":"Liz Truss pledges to help more renters buy their first home","date":"July 30, 2022","format":false,"excerpt":"\r Tory leadership frontrunner wants rent payments to be used as part of mortgage affordability assessmentsLiz Truss has pledged to help millions of renters buy their first home by making it easier to prove they are ready to take on a mortgage, but said she plans to scrap national housebuilding\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lib-dem-leader-ed-davey-proposes-300-a-month-mortgage-grants\/","url_meta":{"origin":137323,"position":2},"title":"Lib Dem leader Ed Davey proposes \u00a3300-a-month mortgage grants","date":"November 6, 2022","format":false,"excerpt":"\r People struggling with higher mortgage costs after disastrous Tory mini-budget should get help, he says, just as banks helped in 2008Homeowners struggling to pay their mortgages in the wake of Liz Truss\u2019s \u201cdisastrous budget\u201d should be helped out with grants of up to \u00a3300 a month, Lib Dem leader\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-contracts-for-fifth-month-after-liz-truss-mini-budget\/","url_meta":{"origin":137323,"position":3},"title":"UK mortgage market contracts for fifth month after Liz Truss mini-budget","date":"March 1, 2023","format":false,"excerpt":"\r Approvals at lowest since 2009 \u2013 bar during Covid lockdown \u2013 as demand for new homes continues to fallBritain\u2019s mortgage market has contracted for a fifth month in a row, official figures show, as the jump in interest rates that followed Liz Truss\u2019s September 2022 mini-budget continued to trigger\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133425,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-targets-new-swing-voter-middle-aged-mortgage-man\/","url_meta":{"origin":137323,"position":4},"title":"Labour targets new swing voter \u2018middle-aged mortgage man\u2019","date":"December 22, 2022","format":false,"excerpt":"\r Party sees identifying 50-year-old male home-owners as key to electoral successYou\u2019ve met Mondeo Man and Worcester Woman, now meet the key swing voter Labour hopes will win them the next election: middle-aged mortgage man.Party insiders say they are being ruthless about targeting exactly the kind of voters they believe\u2026","rel":"","context":"In "Property 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