Thousands of homeowners whose banks collapsed in the financial crisis have been unable to move to a cheaper deal
Thousands of mortgage customers of now-defunct banks who had their loans sold on after the financial crisis are hoping new moves by regulators and MPs will free them up to shop around for cheaper deals.
These borrowers, dubbed “mortgage prisoners”, include Jayne Emsley and her husband, who took out a Northern Rock mortgage in 2006 and are now with Landmark Mortgages, which is owned by US-based private equity firm Cerberus.
Continue reading...from Property | The Guardian http://bit.ly/2VZ7eu5
via IFTTT
No comments:
Post a Comment