Mortgage prisoners

Relief for mortgage prisoners? Changes to affordability tests could rescue many stuck on expensive deals

Mortgage prisoners may have cause for hope as the Financial Conduct Authority (FCA) concedes rule changes may be necessary to help them.

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No resolution for 140,000 mortgage prisoners as Treasury Committee calls for immediate action to help them

Mortgage prisoners should be helped without delay, says Nicky Morgan, chair of the Treasury Committee.

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Lenders pledge to help 'mortgage prisoners'

Lenders representing 93% of the residential mortgage market will be contacting thousands of ‘mortgage prisoners’ trapped on high interest rates to offer them a chance to switch to a better deal.

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Action is needed to help struggling mortgage borrowers

Homeownership is lauded in the UK, with scheme after scheme available to help first-time buyers on to the ladder.

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Thousands of mortgage prisoners 'need help switching'

Around 30,000 residential mortgage borrowers need help switching to cheaper deals, according to new research from the financial regulator.  

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