Member

This is still the case, despite repeated attempts to bring relief, and despite open and acknowledgement of the suffering caused. In 2021, for example, Labour, Cross-Bench and Lib Dem Peers passed an amendment to FSMA 2000 to cap rates for mortgage prisoners. Conservative MPs removed that amendment, which is why, through no fault of their own, mortgage prisoners remain prisoners. Their hardships continue. There have been suicides, attempts at suicide, homes repossessed and uncertainty about the future, especially for those with expiring interest-only mortgages. We now have an opportunity to provide some relief going forward.