The Property Buying Company have written about the ways in which mortgage prisoners may be able to improve their situation. Among the options mentioned for those trapped and unable to remortgage is the legal action being brought by Harcus Parker: “a law firm that’s handled legal proceedings on behalf of mortgage prisoners who’ve been paying up to 5% in mortgage interest over the past 12 years! And that’s at a time where the majority of homeowners in the UK have enjoyed reasonably low rates. These include prisoners who’ve borrowed through Northern Rock, as well as Bradford & Bingley”
Harcus Parker’s legal action on behalf of Mortgage Prisoners is discussed in The Property Buying Company’s Online Magazine
