MoneySavingExpert News
Arrears
A sub-prime mortgage company has been hit with a whopping £630,000 fine by the City watchdog for treating customers in arrears unfairly.
15 July 2010
The recently self employed will be completely excluded from getting a mortgage from next year, under plans from the City watchdog.
13 July 2010
Mortgage lenders have been banned from hitting borrowers behind on payments with punitive charges if they have already set up a payment plan to clear any arrears.
25 June 2010
The number of people who had their home repossessed fell in the first three months of 2010 to a two-year low.
13 May 2010
Two former Northern Rock (NR) directors have been fined a combined £644,000 for publishing misleading mortgage arrears figures before the bank's collapse.
13 April 2010
Kensington Mortgages must pay over £1 million in compensation after it was fined by the Financial Services Authority (FSA) for hammering borrowers behind on payments with huge charges.
12 April 2010
The number of people who lost their homes soared to a 14-year high during 2009, figures showed today.
11 February 2010
Homeowners hit with excessive mortgage arrears charges should demand their cash back, says the city regulator, the Financial Services Authority (FSA).
26 January 2010
Many homeowners struggling to pay mortgage interest will continue to get government support for the next six months, it was announced today.
9 December 2009
The number of people who lost their homes rose by only 3% during the third quarter of the year despite rising unemployment, figures showed today.
12 November 2009
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