Responding to the reports that the average two-year mortgage rate is now above 6%, Liberal Democrat Leader Ed Davey said: 

The time for the Government to step in is now, anything else will be a disaster for struggling families worried about losing their homes.

“This Government is sitting on their hands, giving no help to ordinary working people who suffer. It’s just plain wrong.”

Liberal Democrats are calling on Rishi Sunak to finally listen to those who need help and immediately end this mortgage horror show with a Mortgage Protection Fund.