The fact that the banks will make a tidy profit in the long run from the millions who take the payment holiday is disgusting. I just hope that only those people who really need to, take it, and that people don’t naively take it without considering the potential consequence.
The sad truth is, that most #ukmortgageprisoners @mortgageprison will need to make use of this payment holiday because they have not had an opportunity to build up sufficient back-up savings for a rainy day or (pandemic crisis) BECAUSE the government sold them down the river to vultures like Cerberus Capital Management and other non-UK entities who sit outside of our UK regulatory system. They saw profit potential and are motivated ONLY BY FINANCIAL GAIN and do not consider themselves responsible for the harm to both physical and mental health of those #ukmortgageprisoners left behind.
Questions of the UK government still unanswered, with John Glen in particular failing to even acknowledge the issue of key workers who happen to be #ukmortgageprisoners during the Covid-19 crisis.