‘Crooked as hell’: How mortgage lenders Are ruining UK landlords
(Reuters)
Lenders are ruining people by using an archaic law from the 1920s to seize property from their mortgage customers and sell it on.
Several individuals affected have come forward to IBTimes UK and told of being bullied by their lenders and the unregulated Law of Property Act receivership process.
One had been excluded from a secret court hearing where it was decided by a judge that she was to lose all of her property assets – a ruling she has no power to appeal against.
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