Treasury committee chair Nicky Morgan MP has asked for an investigation into allegations of banks forging signatures.
Nicky Morgan has now written to both the Financial Conduct Authority and the National Crime Agency requesting that they work with the Bank Signature Forgery Campaign to investigate these claims.
In the letter addressed to the FCA, Morgan notes that FCA chief executive Andrew Bailey confirmed that he was aware of these allegations when asked during a treasury committee session.
The BBC lists the firms accused of forging signatures as: UK Asset Resolution, Northern Rock, Bradford & Bingley, Mortgage Express, and Lloyds Banking Group.
The signatures are present on documents such as statements of truth, and witness statements submitted to the courts as part of repossession proceedings, according to the BBC.
The BBC reports Charlie Elphicke MP as saying: that, “you can be jailed for [this]. We need to know how widespread this is,” adding that [there is] enough evidence now to suggest this may not be a one-off but a systemic practice.
“Both Mortgage Express and Lloyds need to cooperate, fully – and hand over the evidence.”