Statement from Alliance and Leicester

The Alliance and Leicester has given the following statement to Panorama.

"Certain mortgages for the Hill House estate in Thamesmead are under investigation by the police for potential fraud, as a result of reports made by Alliance & Leicester to the authorities.

STATEMENTS FROM LENDERS Home and County response [1.5MB] Most computers will open this document automatically, but you may need Adobe Reader Download the reader here Statement from Platform Statement from London Scottish Statement by Swift Advances Alliance and Leicester

In these circumstances, we are restricted in the comment we can make about the Alliance & Leicester mortgage featured by Panorama. However, we would point out that the Panorama programme and website include a number of inaccuracies.

Alliance & Leicester is a responsible lender, and our lending policies mean that a mortgage of the income-multiples alleged in the programme and on the website could only occur through fraud or deception."