The poll also revealed that one in 10 people who voted Tory in 2019 have already abandoned the party, regardless of what happens to house prices.
Credit Suisse has warned that rising interest rates and inflation, with an accompanying recession, could see house prices fall by 10 to 15 per cent next year.
Kwasi Kwarteng’s mini-budget, which caused turmoil on the markets and a slump in the pound, has been blamed for exacerbating the problem.
Sarah Olney, the Liberal Democrat economy spokesman, said Ms Truss was paying the price for “putting big banks above struggling homeowners”.
“This Conservative Government has struck a hammer blow against homeowners, from the pensioner looking to fund their retirement by downsizing through to the young parent seeing their mortgage bill spiral,” she said.
“In one fell swoop, Liz Truss and Kwasi crashed the pound and trashed the housing market. Their fantasy economics simply don’t add up. You cannot trust the Conservative party with our economy.”
Tory MPs are furious at what they see as Number 10 and the Treasury taking a cavalier attitude to interest rates that may cost the party the next election. One former minister expressed anger that the Ms Truss was prepared to make mortgage payers the “casualties” of her drive to slash taxes.
