Summary
THE millions who fell into the endowment mortgage trap were victims of unscrupulous mortgage companies offering unrealistically cheap prices, a committee of MPs will argue today.
British homeowners who were mis-sold endowment schemes are facing shortfalls of GBP 40 billion, according to a report published by the Treasury select committee today.See the full content of this document
Extract
Gbp 40bn Mortgage Shortfall Blamed On Lenders
The scandal has left 6.4 million people, including an estimated 460,000 Scots, facing shortfalls averaging GBP 5,500 ...
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