Skip to content
You are here: Home arrow News arrow SAMsNews
SAMsNews
Bank loan has trapped me in my home E-mail

Nine years ago, Sheila Jones borrowed £44,000 from HBoS bank. Now it is demanding an astonishing £290,000 to clear her loan and she must decide between losing her home or staying on and watching it crumble around her.

She is among thousands of homeowners saddled with controversial shared appreciation mortgages.

 

Read more...
 
SAFE, HBOS TALK OVER SAMS E-mail

SAFE (Struggle Against Financial Exploitation Limited) and leading bank HBOS have met for a second time to discuss Shared Appreciation Mortgages (SAMs). Meeting with SAFE in London on September 25, HBOS representatives confirmed that they were reviewing whether a hardship scheme was a feasible option but stressed that there was no certainty that a mutually acceptable solution could be found. SAFE’s aim is to find a fair solution for customers poorly served by the1997-1998 SAM schemes.

Read more...
 
UBS Grabs 1bn from pensioners E-mail

Swiss bank to cash in as secret backer of controversial UK mortgage schemes

by Richard Dyson, Financial Mail -19/08/2007 -Page1
Read more...
 
TORTURE FROM A BANK THAT WON'T RELENT E-mail

Years of protest forced Barclays to rescue SAMS Victims, but why is HBOS still holding out?

by Richard Dyson, Financial Mail -19/08/2007 -Page9

Read more...
 
ITV - Tonight with Trevor McDonald: Equity Release Update E-mail

Tonight update on March 19's show which looked at the victims of Home Income Plans and Shared Appreciation Mortgages.

SAM customers who think they may be eligible for the Hardship Scheme should call 0800 023 2981 or SAFE on 0208 630 9990

.

Read more...
 
 

"CHAPS"

Within this website there may be early references to ‘Charity to Prevent Suffering, ‘CHAPS’ please be advised that Mr. Ian Taylor- Forrest was removed...

<< Read More >>

Who's Online

Site Statistics

Visits today: 33
Yesterday: 78
This month: 1541
Total: 20639
Pages today: 256
Pages yesterday: 446
Pages this month: 9168
Pages total: 198616