Was mortgage guarantee premium mis-sold in the 1980's?

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1175075

2026-03-29 21:35

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Yes, many borrowers in the 1980s experienced mis-selling of mortgage guarantee premiums. Sales practices often involved inadequate disclosure of the terms and conditions, leading consumers to purchase policies they did not fully understand or need. This has resulted in calls for redress and scrutiny of the practices used by lenders during that period.

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