Rat and Mouse
Mon
18
Feb
Prisoner gets nine btl mortgages, uses prison as official address

The facts appear to be: serving prisoner manages to take out nine buy-to-let mortgages, using the prison as his official address on the forms. The FTAdviser has an unnamed source, who reveals that the lender in question is located in the north east and is currently in crisis. Northern Rock, however, denies it's them. It appears to be a breaking story, scooped from local IFA gossip, and the local police apparently haven't yet received a complaint. In the context of a growing mortgage fraud crisis, this could be interesting.

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