Map shows areas most affected by mortgage hikes as Conservative-held seats ‘hardest hit’
Top ten constituencies set to be hit hardest by rising mortgage costs revealed
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Your support makes all the difference.Conservative-held seats in Britain’s commuter belt are set to be hardest hit by the government’s mortgage premium, new figures shows.
Data published in the Census last week catalogued the areas with the largest proportion of households that have a mortgage.
Now an analysis by the Liberal Democrats, using the Census data, has revealed the top ten constituencies set to face the most severe shocks from rising mortgage costs.
The area with the highest proportion of mortgage borrowers is Andrea Leadsom’s seat of South Northamptonshire, with 20,420 (almost 40 per cent) households owning their home with a mortgage or loan.
Second is John Redwood’s seat of Wokingham, where 40 per cent or 18,695 households have a mortgage. The Conservative MP is defending a wafer-thin majority of 7,383 against the Lib Dems.
Cabinet minister Dominic Raab’s constituency of Esher and Walton comes tenth, with 38 per cent of 17,438 households having a mortgage. He is defending a slim majority of just 2,743.