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Southampton Test families see £1,670 drop in annual mortgage costs since the election

Families in Southampton Test are more than £1,670better off when taking out a typical mortgage since Labour came to office, new analysis has found.

A household taking out a new, representative, mortgage on a £260,000 house in December 2025 – the median price in Southampton Test – will pay £1,670a year less than they if they took out an identical mortgage in June 2024, at the time of the election.