{"id":135026,"date":"2023-03-02T01:00:40","date_gmt":"2023-03-01T18:00:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-government-made-2-4bn-from-mortgage-prisoner-loan-sales-says-martin-lewis\/"},"modified":"2023-03-02T01:20:03","modified_gmt":"2023-03-01T18:20:03","slug":"uk-government-made-2-4bn-from-mortgage-prisoner-loan-sales-says-martin-lewis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-government-made-2-4bn-from-mortgage-prisoner-loan-sales-says-martin-lewis\/","title":{"rendered":"UK government made \u00a32.4bn from \u2018mortgage prisoner\u2019 loan sales, says Martin Lewis"},"content":{"rendered":"


\nTens of thousands of borrowers had their loans sold on to providers at which they were unable to switchThe UK government made a \u00a32.4bn \u201cprofit\u201d when it pushed tens of thousands of mortgage borrowers \u201cinto poverty\u201d after selling their loans on to new lenders, the campaigner Martin Lewis has claimed.The MoneySavingExpert founder was speaking at the launch of a report, which he funded, into the plight of so-called \u201cmortgage prisoners\u201d: a group of borrowers caught up in the fallout from the 2007-08 financial crisis. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK government made \u00a32.4bn from \u2018mortgage prisoner\u2019 loan sales, says Martin Lewis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tens of thousands of borrowers had their loans sold on to providers at which they...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-135026","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-z7Q","jetpack-related-posts":[{"id":58704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buffett-rescues-teetering-canadian-subprime-mortgage-lender\/","url_meta":{"origin":135026,"position":0},"title":"Buffett rescues teetering Canadian subprime mortgage lender","date":"June 22, 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