Scots who re-mortgage next year will pay extra £190 a month, Labour claims

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Scots who re-mortgage next year will pay extra £190 a month, Labour claims
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The party estimates that 546,600 households in Scotland will re-mortgage by 2026.

Scots who re-mortgage their homes next year will be paying nearly £200 more a month, Labour analysis suggests.

She blamed "the toxic combination of a Tory mortgage bombshell and an incompetent SNP distracted by scandal" for the increasing costs. She said: “Across Scotland, families are being hit hard by the toxic combination of a Tory mortgage bombshell and an incompetent SNP distracted by scandal. “Labour’s mandatory plan and our Mortgage Rescue Scheme to ease the Tory mortgage bombshell offers Scottish families practical help now, while our commitment to fiscal responsibility and growth will secure our economy for the future.”

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