The comments of property expert Dan Macdonald has pulled the rug out from under the feet of Lib Dem MP Danny Alexander’s recent scaremongering on mortgage rates in an independent Scotland.
Writing in the Scotsman newspaper, Mr Macdonald, the Chief Executive of Macdonald Estates, made clear that mortgage rates are principally based on central bank interest rates which would remain the same across a sterling zone following independence.
Mr Macdonald’s comments undermine the claims made by Mr Alexander who failed to offer a shred of credible evidence to back up his statement on mortgages.
This latest gaffe for the No campaign follows their inaccurate claims over the UK’s international aid contributions.
Commenting on this latest blunder, SNP MSP Chic Brodie, member of the Scottish Parliament’s Economy, Energy and Tourism committee, said:
“Mr Macdonald’s contribution is a welcome injection of fact into the baseless assertions that the No campaign have been making. To be publicly taken to task by a respected property expert in this manner is a humiliation for Danny Alexander, and one that he has brought on himself with his spurious comments.
“The No campaign is only days old but are already repeat offenders when it comes to drawing up dodgy numbers. Their inability to stick to the facts is severely undermining their credibility.
“First on international aid and now on mortgage rates, the statements of the No campaign have been comprehensively blown out of the water.”