I’m trapped with my flat due to cladding and face a 9.34% mortgage rate: Owner who can’t sell risks massive payment hike

A flat owner risks being burdened with a 9.34 per cent mortgage rate, as she cannot sell her property due to unsafe cladding and can’t switch lender. Donna Williams owns a flat in Berkshire with fire-risk cladding and the current fixed-rate deal on her mortgage ends later this month. […]

Click here to view original web page at www.dailymail.co.uk