The banks should not be allowed to go after the people for short fall when they repossess a property?

In other countries when banks repossess they have no right to go after anybody for the shortfall. It is a risk they took on by lending against a property. In the UK it is high time the law changed regarding this. The banks are a law unto themselves and this must change. It is obvious the poor buyer is being made to shoulder the carelessness of the bank where the property has been over valued.Even in cases where the property has not been over valued I do not think it is fair for them to be allowed to recoup the shortfall from buyers.