Bank of England probing risk that cladding crisis could make mortgage lenders go bust

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💰 The Bank of England is examining whether mortgage lenders could go bust due to the cladding crisis

The Bank of England is examining whether mortgage lenders could go bust due to the cladding crisis, The Telegraph can disclose, as Labour figures separately reveal that insurance premiums for affected flats have increased enormously.

 

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EmilieBoswell If the Mortgage lenders go bust.... then the Mortgage holders should be debt free! More likely the debt will be sold to realise profits for another Vulture Capitalist to benefit from the Cladding misery.

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