Lifeline for mortgage prisoners as MSE campaign takes huge step forward - MSE News
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Former_MSE_Callum
Posts: 696 Forumite
The financial watchdog is to consult on introducing new lending rules which could help free more up to 140,000 mortgage prisoners, in a huge step forward for MoneySavingExpert's campaign...
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'Lifeline for mortgage prisoners as MSE campaign takes huge step forward'
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'Lifeline for mortgage prisoners as MSE campaign takes huge step forward'
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I'm curious why 80% of these mortgage prisoners are with unregulated lenders.I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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There is too much talking to little action regarding this issue and it should have been sorted out years ago. I'm impatient to see the ACTUAL rules and if they really do help these poor people.I am a Mortgage Adviser
You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
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