‘Mortgage prisoners’ sue over ‘unfair’ rates
Image caption Neville Herron estimates he has paid an extra £32,000
Mortgage borrowers “unfairly trapped” on high interest rates when their lenders were nationalised are launching legal action against the companies they say are responsible.
Some 150,000 homeowners are said to have been overcharged for years, unable to switch to a cheaper deal after their mortgages were transferred.
One man…