Rates to rise for hundreds of vulture fund mortgages despite several ECB cutsRising mortgage repayments disproportionately affect vulnerable couples, highlighting issues with vulture fund practices.Mortgage prisoners are trapped in soaring repayment scenarios despite lowering official interest rates.
Pepper to write to 9,000 mortgage holders telling them it is cutting ratesMortgage prisoners are trapped in high interest rates and cannot switch lenders due to previous payment issues.Pepper Advantage is reducing rates for some mortgage customers following ECB rate cuts.