UK banks face lawsuits over mortgages that left people with huge debts

admin September 8, 2025 Leave a Comment

UK banks face lawsuits over mortgages that left people with huge debts

Group actions against Barclays and Bank of Scotland over products that left some people owing up to 20 times the sum they borrowed

Two of Britain’s biggest banks face being sued over “unfair” mortgages that have left some people owing up to 20 times the sum they originally borrowed.

The law firm Teacher Stern is bringing group actions against Barclays and Bank of Scotland in an attempt, it said, to win justice for two new groups of claimants comprising current and former customers and their next of kin.

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