Excellent in-depth report by Ruby Hinchliffe on the outrageous mortgage prisoner scandal.

“I just wanted to put an end to it all. I just wanted to be free of the pain and the shame. We were trapped with whatever they wanted us to pay.'

This was a harrowing one to write – a deep-dive into the mortgage prisoner scandal, including the unforgivable human cost, the Government's mistakes & the banker still getting paid for them
telegraph.co.uk/money/property…

Mortgage prisoners: MPs call for urgent response from Government to report which aims to help victims yorkshirepost.co.uk/business/mortg…

A year after @martinslewis published a report with solutions to ease the plight of the #mortgageprisoners , MPs are demanding action. Seema Malhotra MP💙 says: 'We need an urgent response from the Government to the proposals in the report.' Mortgage Prisoners APPG

yorkshirepost.co.uk/business/mortg…

“I’ve been suicidal and I cannot see a way forward”, one UK mortgage prisoner has told FT Adviser after her mortgage payments increased to more than twice what she could afford. on.ft.com/3IbD3Wd

Govt must ‘cease the mortgage prisoner cycle’ on.ft.com/49L33DA

‘Still no response’ to LSE mortgage prisoners report after a year on.ft.com/48BCpfd

As mortgage prisioners feel the strain of incredibly high rates and payments, FTAdviser aims to continue its coverage on this issue

If you are a mortgage prisioner and would feel comfortable speaking with me about your situation then please feel free to get in touch (DMs open)

.Seema Malhotra MP💙 says 'Mortgage Prisoners are suffering every month due to high standard variable rates as the government sold their mortgage on to vulture funds with no protection' ftadviser.com/mortgages/2024…

‘Still no response’ to LSE mortgage prisoners report after a year via Tom Dunstan with quote from Seema Malhotra MP💙
ftadviser.com/mortgages/2024…

At a briefing about the plight of mortgage prisoners in parliament hosted by Martin Docherty-Hughes MP for West Dunbartonshire. The situation for tens of thousands of people caught up with pre-2008 loans from what I can only describe as vulture funds gets more serious by the day.

Quite right it is time to help #MortgagePrisoners now!... moneysavingexpert.com/news/2024/02/m…

.Seema Malhotra MP💙 said 'A year after Martin Lewis published the LSE report with proposals to help mortgage prisoners we still have no response from the Government. Mortgage prisoners are suffering every month due to high Standard Variable Rates.' moneysavingexpert.com/news/2024/02/m…

Mortgage prisoners are still suffering every month and need urgent help from the Government. Seema Malhotra MP💙 and Lord Sharkey have written to Bim Afolami MP to ask when the Government will be responding to a report from Martin Lewis
moneysavingexpert.com/news/2024/02/m…

Martin Lewis urges help for 100,000s mortgage prisoners trapped on brutal rates
uk.news.yahoo.com/martin-lewis-u…

#mortgageprisoners

MPs call on Co-op Bank to pay redress to customers who suffered 'devastating impact' due to unfair rate increases via Greg Wright yorkshirepost.co.uk/business/mps-c…

A cross-party group of Parliamentarians says the Co-operative Bank must pay full redress to mortgage customers who have suffered a “devastating impact” after facing unfair interest rate increases. Mortgage Prisoners APPG #mortgageprisoners

yorkshirepost.co.uk/business/mps-c…

‘I’m a mortgage prisoner paying 9.13pc interest – now Co-op bank is reimbursing me’
msn.com/en-us/money/re…

There are 200,000 mortgage prisoners in the UK. Interest rate rises mean most are now paying rates of 8-12%, but can't switch to cheaper products.

In 2021 we raised this with Financial Conduct Authority and Financial Ombudsman Service, yet to this day no action has been taken to help blameless consumers.