Since 2008, thousands of people like my constituent Chris have been trapped paying extortionate rates on their mortgages.
BoE rate rises risk pushing many more over the edge.
The govt bailed out the banks, when will they do what's needed to help #UKMortgagePrisoners
Andrew Griffith MP These are empty words. Promises have been made to #ukmortgageprisoners and have never materialised. Or are you just gonna ignore us and help everyone else
Some #UkMortgagePrisoners are already paying double digit rates and it certainly wonβt take anywhere near as long as the end of the year for the rest of us.
Andrew Griffith MP In the meantime #ukmortgageprisoners on rates of 8.63%+, almost double this year, unable to move from vulture funds or a get new deal, (don't offer new products), will lose their homes. You could use some of the 2.4 billion profit you made by selling UK Mortgage Prisoners mortgages.
Duncan Baker UK Mortgage Prisoners @CapTheSvr Lewis Capaldi (please RT Lewis !) we need to get this retweeted !!! #ukmortgageprisoners thanks Lewis Capaldi your number 1 Middle aged menopausal mummy of 3 !
Chris Holmes Sheila Noakes Ralph Lucas UK House of Commons today is no longer an opportunity to blame 200k #ukmortgageprisoners for the 15 years of financial detriment. It is now clear it was caused by govts. Please do what is your moral duty & vote in favour to #CapTheSVR on closed bks
So disappointed for all #UkMortgagePrisoners During a period of rapidly rising interest rates and vulture companies, the cap was vital to provide some protection.
Itβs not just a bit of money. No cap will destroy lives.
Please Prem Sikka encourage fellow peers to support Lord Sharkey's amendment to #CapTheSVR on closed books. 200k #ukmortgageprisoners have suffered extortionate rates for 15yrs, these rates that others now fear. Inactive lenders now charging 9% svr LabourLordsUK House of Lords
Greens stand up for #democracy - thatβs Jenny Jones question on #voterID impacts.
That is voter suppression straight out of the US Far Right playbook.
Want to defend democracy? #GetGreensElected
Peter Stefanovic LabourLordsUK The Labour Party They totally failed UK Mortgage Prisoners tonight too. Amendment to #CapTheSvr for #ukmortgageprisoners was withdrawn due to failure to support. 195k mortgage prisoners from the 2008 financial crash left to drown in rates of 8-9% after Treasury sold their mortgages to non lenders
Today 200k #ukmortgageprisoners & families need your help LabourLordsUK Lib Dem Lords House of Lords Please vote to #CapTheSVR on closed books in the #FSMBill , giving immediate relief from the 15yrs of financial trauma caused by the govt. Urgent action to protect homes & lives
#ukmortgageprisoners #CapTheSvr #amendmentday
Today is the day you can do the right thing House of Lords and vote in favour of Lord Sharkey's amendment
Gina Miller Greg Wright Vicky Spratt Pippa Crerar
Mortgage Prisoner Lou Especially with markets pricing in base rate of 5.7% by end of the year. Mortgage prisoners will be paying double digit rates by January.
Rachel Lummis (Xpress Mortgages) 9.46% welcome to the world of #ukmortgageprisoners who have been paying higher rates than those enjoying the low rate days
Sam Brodbeck I love how people are losing their shit over rates now when #ukmortgageprisoners have been paying them for years. Now we face 9%+ and apparently can't afford to pay lower rates. Govt promises haven't materialised and I don't believe they will help others that struggle
Pat McFadden the #amendment to #capthesvr is retabled in the House of Lords this afternoon we need Labour Lords to vote to support thousands of homeowners . Ease lend your support on this matter . #ukmortgageprisoners now facing 9% rates or losing there homes .
Especially for #UkMortgagePrisoners let down by all. Our own government knowingly selling ex Northern Rock into poverty, trapped paying 9% plus already. Destroying lives.
Sam Brodbeck The govt have done nothing for the 200k #ukmortgageprisoners who have been trapped paying 5% svr for 15yrs with inactive lenders. Those borrowers now fearing rates of 6%, consider yourself lucky, we are now on 9% +
Please Jenny Chapman encourage fellow peers to support Lord Sharkey's amendment to #CapTheSVR on closed books. 200k #ukmortgageprisoners have suffered extortionate rates for 15yrs, the rates that others now fear. Inactive lenders now charging 9% svr
LabourLordsUK House of Lords