Seema Malhotra and Lord John Sharkey

26 Apr 2021 Economy

We need a cap on standard variable rates to give “neglected” mortgage prisoners the financial relief they desperately need

Mortgage prisoners are trapped in costly deals with mortgage loan sharks squeezing every last penny out of them. MPs must vote to cap standard variable rates and ensure that they can access fixed-rate deals.

03 Jun 2019 Communities

Parliamentary group on Mortgage Prisoners launches inquiry

The new inquiry launched by the APPG on Mortgage Prisoners offers hope of a way out for homeowners trapped in high-rate deals as a result of the financial crisis, write co-chairs Seema Malhotra and Lord John Sharkey