August 16 – Mortgage Prisoners
It’s been over two years since the Mortgage Market Review was implemented and there is still an issue with borrowers being unfairly trapped in their existing mortgage. Throughout 2014 lenders were criticised for failing to implement the FCA’s transitional arrangements, which allowed them to waive the affordability checks for their own, and other lenders’, customers as long as they do not borrow more money.This content is for members only please login to view. Not a member? Join today!
7 months ago / Comments Off on August 16 – Mortgage Prisoners