Evening Standard

Sadiq Khan: London home buyers still facing £200 higher mortgage costs since Liz Truss's mini-budget

Source: PA Archive

Sadiq Khan has warned that Liz Truss’s ‘mini-budget’ is still being felt in Londoners’ mortgage costs, which City Hall says are in some cases more than £200 higher as a result.

Almost 18 months on from the short-lived PM’s September 2022 ‘fiscal event’, an analysis by the ’s team has shown that first-time buyers and those re-mortgaging in face paying £209 more each month on their mortgage.

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