Residents say the sale of their homes' freeholds to an overseas firm has left them 'unmortgageable'.
Families in Cornwall have told of being "trapped in unmortgageable homes" because the developer sold their freeholds to an overseas firm.
Ross Trewhella of Pentowan Gardens in Hayle, where 47 properties are affected, said they had been "trapped" in their starter home and unable to move for 16 years. Cornwall Council said when the builders of the estate first approached them to build the estate in 2007, it was turned down - but their refusal was overturned by the planning inspectorate.
Hannah Wright inherited her home on the estate when her mother recently died, but is now unable to make the mortgage payments, and is unable to sell. Cornwall Council said: "We greatly appreciate the frustrations of the residents over their position at Pentowan Gardens."
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