The National Association of Mortgage Victims says it has seen an increase in the number of enquiries from borrowers being threatened with repossession by Mortgages PLC.
NAMV administrator Carol Riley says: “Over the past few months we have had an increase in enquiries from borrowers who have found themselves under similar threats from this lender This lender is in the sub-prime market and deals mostly with difficult applications. Its interest rate is at least double the base rate.”
As reported in Mortgage Strategy last week NAMV has given its support to businesswoman Samantha Von Daniken, the 41 year old mother of three who was reduced to living in herMercedes 230 after being evicted from her £1m Norfolk home. Von Daniken claims she was repossessed after being defrauded by her former partner, Simon Clive.
She was due in court today (June 14) to do battle with Clive but to focus on the legal battle with MPLC she has been granted an adjournment until September for that hearing.
Von Daniken, who risks losing her children if she does not get her home back, is due to appear at Norwich County Court this Friday to face MPLC and appeal against her eviction.
As a result of Mortgage Strategy's intervention Von Daniken is expected to receive legal aid from the highly respected Mary Ward Legal Centre in London with one if its top solicitors, Ahmad Butt, representing her.
Butt says: “There is a glimmer of hope for the appeal and I have persuaded the Centre to represent her in court.”
Von Daniken says her case rests on a number of points which she is discussing with Butt.
She tells Mortgage Strategy: “Points being looked at include whether the lender has behaved oppressively.”
If so then the eviction could be set aside and Von Daniken reinstated in her home.
Mortgages PLC sales and marketing director Peter Beaumont refused to comment further on the case.