Key facts
- A £300 million portfolio of mortgages connected to collapsed lender MFS is under scrutiny.
- Court filings suggest these mortgages may never have been registered with public property records.
- The lack of registration raises questions about the legitimacy and traceability of the financial assets.
A significant portfolio of mortgages, valued at £300 million and linked to the now-collapsed lender MFS, may have never been officially registered with public property records. This revelation comes from court filings, casting doubt on the legitimacy and traceability of these financial assets. The potential lack of registration raises substantial questions for investors and regulators regarding the underlying security and ownership of these mortgages.