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MSE News: MPs reject interest rate cap for mortgage prisoners - but the fight won't stop here

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MSE News: MPs reject interest rate cap for mortgage prisoners - but the fight won't stop here

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MSE_PetarMSE_Petar MSE Staff
101 posts
Part of the Furniture Name Dropper First Post
MSE Staff
The House of Commons has struck down a proposed amendment to the Financial Services Bill, which would have seen interest rates capped for certain mortgage prisoners. But the Government has announced it will look for other solutions and MoneySavingExpert.com won't give up the fight.

Read the full story:
'MPs reject interest rate cap for mortgage prisoners'

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Replies

  • SpiderLegsSpiderLegs Forumite
    1.6K posts
    1,000 Posts Second Anniversary Name Dropper
    ✭✭✭
    Good old Martin.
    quite happy to complain about govt intervention regarding SDLT cut and 95% mortgages distorting the wider market.
    quite happy to ask the govt to intervene by capping svr to a ridiculous 2% + BR thereby distorting the wider market.


  • boatmanboatman Forumite
    4.7K posts
    Part of the Furniture 1,000 Posts Name Dropper
    ✭✭✭✭
    Anyone would think the paymasters of the conservative party are the Banks... 

    They have had 10 years to do something, and they still drag it out. Reminds me of infected blood and Post office Horizon... 

    Let them eat cake..
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