Liz speaks out about rocketing mortgage interest payments

Today, I took part in an Urgent Question to the Economic Secretary to the Treasury about the turmoil in the mortgage markets this week, with multiple banks pulling their deals for new borrowers. Homeowners are being stung by a massive £7,000 increase in their yearly mortgage interest payments, as rates increase by more than three times what they were two years ago.

I urged the minister to acknowledge the fact that inflation in particular is being felt much more severely here than in similar countries. You can watch me ask my question above, and see my tweet here.