Homeowners will pay hundreds MORE each year as mortgage rates soar after Rachel Reeves’s £40bn tax bomb Budget ...Middle East

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MORTGAGE rates will soar thanks to Rachel Reeves’s £40bn tax bomb Budget – costing homeowners hundreds of pounds more a year. The Office for Budget Responsibility said the cost of mortgages would rise faster under Labour’s plans than with the last Conservative government. Dan CharityRachel Reeves unleashed her £41.5bn tax bomb today – with homeowners among those taking a hit[/caption] The OBR’s forecast shows mortgage rates will be 0.3 per cent higher by the end of the year than previously thought It came after the Chancellor unleashed a record

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