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N8Im5MwE
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Answer
Written answer
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oFRMnYNv
answer has answering person
Daniel Grian Alexander
answer text
<p>Together, England, Wales, Scotland and Northern Ireland enjoy low borrowing costs. If Scotland became an independent country, the continuing UK's borrowing costs would not be expected to change. The National Institute of Economic and Social Research have estimated that Scotland's borrowing costs would rise following independence, between 0.7 and 1.65 percentage points above UK borrowing costs. (Independence would likely lead to an increase in funding costs for mortgage lenders. A 1% cent rise in effective mortgage rates would equate to £1,300 on the typical Scottish mortgage).</p>
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HM Treasury
written answer has answering body
HM Treasury
HM Treasury
answering body has written answer
N8Im5MwE
answering body has answer
N8Im5MwE
oFRMnYNv
question has answer
N8Im5MwE
Daniel Grian Alexander
answering person has answer
N8Im5MwE