Labour Party claims Tories' policies may increase mortgage payments by £4,800 over several years.

Labour Party claims Tories will add £4,800 to mortgages, citing specific circumstances in their document. However, the calculation is spread over several years and assumes an 85% mortgage on the UK's average house. Labour's report also estimates Conservatives would need to borrow extra £70.57bn for manifesto commitments over four years, leading to disagreements between the parties about spending costs.

June 14, 2024
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