Wednesday, February 25, 2009
Aged 71 and the daughter of a millionaire property tycoon, she's not your average squatter. But Rosalie Reeves-Fisher says she has no choice. The spinster, who has never had a job, inherited her £2.2million home from her mother. But a mortgage company evicted her when she was unable to maintain payments on a £1.2million loan. Miss Mason, who was a joint borrower on the self-certification mortgage, listed her income as £1million. But although an accompanying note made it clear that she had not earned anything in the previous two years, this was not questioned by lenders. At the height of the property boom, in 2005, lenders were prepared to overlook her lack of steady income. Miss Reeves-Fisher has vowed not to leave and plans to sue the mortgage firm for reckless lending.