Truss urged to hold mortgage lender summit in Number 10 as millions left in “anxious limbo”

The Liberal Democrats are urging the Prime Minister Liz Truss to host an emergency summit with mortgage lenders in Number 10 this weekend, instead of heading off to Conservative Party conference. 

The call comes as hundreds of mortgage products have been withdrawn from sale since the Government presented its mini budget last week.

Liberal Democrat Treasury Spokesperson Sarah Olney MP said: 

“The Conservatives have plunged our country into an economic crisis and what’s worse is that the damage is purely self inflicted.

“Rather than head off on a jolly to party conference this weekend, Liz Truss should hold an emergency meeting with mortgage lenders in Number 10 to fix the chaos caused by her budget.

“Millions of people are being left in an anxious limbo. Some are struggling to get the mortgages they need  to get on the housing ladder while others are being left worried sick about losing their homes, all because of this Government's catastrophic failure.

“It would be unforgivable for Conservative ministers to sit around talking amongst themselves instead of taking action to sort out this mess.

“The buck stops with the Prime Minister, she must not leave innocent mortgage borrowers to pick up the bill.”

ENDS