The Mortgage Prisoners Scandal; and why it really matters…

This event has now taken place but you can watch the video recording of it through our Youtube Channel, get to it by clicking the button below

When

Wednesday, May 19th from 6pm to 8pm UK time

Where

Online symposium via Zoom.

Format

There'll be a great line-up of speakers plus ample scope for discussion and debate.

Why you should attend

The Transparency Task Force is firmly of the view  that the “mortgage prisoners” are being treated in a grotesquely unfair way. We hold this view because they are paying an enormous price for the government’s decision to sell the mortgage book that they were part of without carrying out sufficient checks on how fairly the mortgage holders would be treated by the organisations that became the controllers of the mortgage books.

We imagine that a great deal of money has been made by many people as a consequence of the mortgage book sales and we see no justification for the government’s failure to do all it can to defend the interest of completely innocent victims of financial exploitation.

This symposium will provide a brief history of the mortgage prisoner scandal.  It will cover everything from what happened, the role Government have played and the detriment it has caused and continues to cause the 250k families trapped paying extortionate interest on their mortgages.  We will discuss the regulatory changes introduced by the FCA to date and how this has helped, the Standard Variable Rate (SVR) cap and why it was necessary, and what more can be done by exploring ideas for workable solutions.

It will hopefully shine a bright light on what has really been happening to mortgage prisoners, and the unjustifiably unfair way in which they have been treated.

We asked all attendees 2 questions:

  • What is your main motivation for wanting to attend this particular event?
  • Are there any particular issues, ideas or questions that you want the event to cover?

You can see a collection of some of the many answer we received by clicking the button below:

Here's the programme and timings so far...

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