Victims To The Banking System Due To Mis Sold Mortgages

In all that we have heard in the past week from the banks and the Treasury about their latest banking reforms, there has been no word for the unlucky borrowers who have been co-erced by the banks into buying mis sold mortgages. In all that the Treasury spoke of there was no light at the end of the tunnel for those victims. At best they are able to recover costs relevant to the mis sold mortgages through independent claims companies, for which the Coalition is making no changes.  It seems the Treasury are busy discussing curbing the bank bonus crisis and concentrating efforts on their obsession with reducing the deficit, which seems the crux for all their recent reforms.

So where do we go from here? Are we the borrower to remain victim to the banking system or seek to free ourselves from their clasps and seek recovery from the mis sold mortgages ourselves, any way we can? If going to claims companies set up in light of the mis sold mortgages is our only hope then we must see them as our only refuge.