Lenders ripping us off?
Lenders have been heavily criticised for capitalising on the troubles in mortgage lending and the industry in general to profit from already hard up cusomers. Below are just a few of the ways we have been short changed by lenders:
Most borrowers are paying £1000 more than they would usually be, fixed/capped rate mortgages especially!!
Lenders have been charging £100 per session for debt counselling!
Lenders have been too quick off the mark in repossesions.
The whole Payment Protection Insurance cash in.
Bank charges have risen as banks try to claw back their profits.