Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Overcharged borrowers trapped in high interest rate mortgages to sue lenders

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Sinopsis

Overcharged borrowers trapped in high interest rate mortgages to sue lenders By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode: · Mortgage borrowers "unfairly trapped" on high interest rates when their lenders were nationalised following the banking crisis will launch legal action against the companies · Some 150,000 homeowners have been overcharged for years, unable to switch to a cheaper deal after their mortgages were sold on and mortgage market review trapped them · One man says he paid an extra £32,000 on higher “Standard Rate Variable” loan · The Government said it was working to "remove barriers" to cheaper deals · Mortgages in the UK are unfair to borrowers and banks need reforming · Housing crisis not only affecting young people wanting to buy or rent · Learn to Manage Your Money yourself and build wealth · Learn more on free ‘property discovery day’ · UK house prices set to rise by 2% in 20