@BBCNews UKMP have warned industry and govts that huge rises in homelessness and reposessions are around the corner. Our members have been paying over 6% since the 2008 crash with non lenders and no help. Govt sold us out! Members repossessed or forced to sell
@BBCNews@mortgageprison@UKLabour@Conservatives for years mortgage prisoners have been calling for help from sky high interest rates . We are told we can’t afford a cheaper mortgage . Every goverment promises to help and again they ignore us
@BBCNews UKMP have warned industry and govts that huge rises in homelessness and reposessions are around the corner. Our members have been paying over 6% since the 2008 crash with non lenders and no help. Govt sold us out! Members repossessed or forced to sell
@BBCNews#repossession There are 200 thousand #UKMortgagePrisoners who are likely to join these people. Not in debt, never missed payments but being charged up to 10% interest by sharks who bought #nORTHERNrOCK. It is a scandal the #Labour Government wont address.
@BBCNews#ukmortgageprisoners@Conservatives ignored @UKLabour nothing. Paying way over the odds due to government greed i don't have a mortgage i have huge debt i got sold on for pennies yet Landmark mortgages still charge over 7.5% i started out with Northern Rock and high street bank
@JonIronmonger UKMP have warned industry and govts that huge rises in homelessness and reposessions are around the corner. Our members have been paying over 6% since the 2008 crash with non lenders and no help. Govt sold us out! Members repossessed or forced to sell
Thanks again for highlighting the devastating stories #mortgageprisoners are living due to govt & regulators decision to make a profit over people's homes. Finances, homes & lives have been lost & will continue until @hmtreasury@LucyRigby support the families over the vultures
Wld like to know how many of the mortgage repos were from inactive lenders whose only aim is to make a profit off their customers charged high interest rates, cause yrs of financial detriment until the families are left with choice, forced sale or repossession #mortgageprisoners
Stories from court hearings as home repossessions hit five-year high - BBC journalists in the East of England and London attended various county courts as mortgage-holders and renters appeared in front of judges. via @BBC https://t.co/pUuKijVUca
Those safeguards were taken away for 200k #mortgageprisoners when our mortgages were sold for a profit to inactive lenders, charged 6% SVR since 2008 now paying up to 10%
@hmtreasury@LucyRigby@TheFCA@UKFtweets all ignoring the most vulnerable with highest risk of homelessness
And historic pre GFC interest only mortgages happily sold by brokers with no repayment vehicles resulting in trapped customers following post crash regulatory change. Customers with no arrears, term end approaching and no effective policy protections for those customers
Would really be interested in a conversation with @timstks Laurence Cawley @stephen_menon@JessicaMCUre The risk of homelessness from forced sales & repos our member's are experiencing is reaching crisis point. Trapped on SVRs up to 10% with inactive lenders the govt sold to
A long read for Friday. My latest report on #mortgageprisoners scandal. "We are dealing with extremely vulnerable, highly distressed people facing losing their homes and many for whom it is too late." @MortgagePrison1@APPGMortgage
https://t.co/1zAar8cH9X
Thanks for your continued support in highlighting the catastrophic #MortgagePrisonerScandal which
@UKLabour are also continuing to ignore just like the previous govt. Despite recognising harm to borrowers would continue if mortgages were sold for profit to private equity firms
Thanks for your continued support in highlighting the catastrophic #MortgagePrisonerScandal which @UKLabour are also continuing to ignore just like the previous govt. Despite recognising harm to borrowers would continue if mortgages were sold for profit to private equity firms