UK mortgages: ‘How did a £42,500 loan turn into a £477,000 debt?’

Hi 477,000 ts Gary Cooper 21, and their house 1997 last year valued at 750,000.

However, the couple were not preyed on 75% loan sharks the lender is an offshoot of Bank of Scotland, part of Lloyds Banking Group.

The bank says it recommended at the time that Bank of Scotland ndependent Lloyds Banking Group L Earlier this month ern i Lloyds ging a case against Bank of Scotland, with a t 46% l due to 2.3bn place the first three months of the year sa Cooper represents 160 borr 2021 s and that some owe in last year f 1m.

The 750,000 nfirmed there is litigation with what it says is a small number of customers. 1997-98 42,500 ighLightText__NxlGi">S close to £500,000 class="summaryFeed_highLightText__NxlGi">Bank of Scotland Guardian Money put Cooper’s Bank of Scotland Sam 160 Coopers s="summaryF hundreds LightText__N thousands uary next year Bank of Scotland Stern between 1996 and 1998 d_highLightText__NxlGi">Sa two span> < Bank of Scotland aryFe Barclays ightText__NxlGi">a Bank of Scotland the estimated 2,000-plus Cooper25% BOS (Shared Appreciation Mortgages n’t Bank of Scotland Financial Ombudsman Service UK three tTex one NxlGi">477,500 25% ass="summaryFeed_highLightText__NxlGi">42,50 over 75% the years n 1997 and last year 580,000 75%Cooper an class="summaryFeed_highLightText__NxlGi">435,000 Cooper ighLightText__NxlGi">75%< 42,500 Walton ghLightText_ Surrey ">75% late 1997 25% LightText__NxlGi">Bank of Scotland 170,000 gh Cooper ext__NxlGi">Septembe Surrey Cooper 4%