Analysis shows households are struggling to cope with rising interest rates and debt repayments.
Labour MSP Mark Griffin said: "The stress and anxiety facing many homeowners in Scotland is palpable but the disastrous response from government has left them with nowhere to turn.
"While people are seeing their monthly mortgage payments soar beyond belief, both the Tories and the SNP are missing in action." The Bank of England raised interest rates to 5.25 per cent last week - marking the 14th consecutive rise since December 2021.
This story is from the August 07, 2023 edition of Daily Record.
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This story is from the August 07, 2023 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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