Caught in the mortgage trap: Lending crackdown means 3.5m can't switch to cheaper loans | Mail Online
One in three homeowners — an estimated 3.5 million — may be mortgage prisoners, unable to move or find a cheaper deal.
Hardest hit are mature borrowers who have been paying back their home loans for many years.
Tens of thousands of them are coming to an end of their mortgage deals every month, but find their path to a new loan blocked by tough new lending rules imposed by banks and building societies.
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