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  • The Independent

    Falling mortgage rates will not boost Tory election hopes, Rishi Sunak warned

    by Archie Mitchell,Kate Devlin and Adam Forrest Jan 07, 2024 4 minutes
    Source: PA

    Rishi Sunak has been warned that falling mortgage rates will not boost his electoral hopes as 1.3 million households face higher payments before the general election.

    The PM had hoped a better economic outlook and falling rates would provide a boost in time for an autumn election, saying “2024 is going to be a better year”.

    But House of Commons research, commissioned by the Lib Dems and seen by The Independent, reveals 1.3 million fixed-rate mortgage deals will expire before Britons go to the polls for an election expected in October.

    After the PM was accused of “bottling” a May contest, the figures showed an additional 600,000 families will face

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