This project is aimed at building a professional website, to expand the support and advice available to UK mortgage prisoners.
In the region of 140,000 borrowers remain with inactive lenders, including UKAR, Whistletree or Cerberus and many of them are unable to qualify for a remortgage to a cheaper rate blocked by the standard affordability calculations, negative equity, or arrears for example.
The main goals are putting into place a data management system, rebranding the group’s public image, subscribing to the necessary channels and services as well as developing partnerships.
With 26 donations, so far the project has raised £440 from a target of £2,500.
This project is using Flexible funding and will receive all pledges made by March 27, 2019.
Commenting on the initiative, one member, Joanne Foulkes said that being a prisoner means living with constant financial stress and the threat of losing the house.
“It affects everyone around you and steals your joy in life. I am donating for all of us, because only we know what living with years of this misery does to a person and their loved ones. Our lives could be transformed if we work together on this.”
Another comment came from Juliet, who pointed out the importance of this project.
She added: “For far too long we have been left to rot, well not anymore. Our time to fight for freedom is here and we will win, it is absolutely disgusting the way we have been treated, power in numbers, we will no longer be ignored.”
If you want to donate, or offer your professional services as an adviser, please click here or email advice@ukmortgageprisoners.com.
