Mortgages

Royal Bank of Scotland has today announced the reclaiming process for the millions hit by charges after its IT meltdown, which we can exclusively reveal. The beleaguered bank will refund all charges for both its own customers and those of other banks as a result of the crisis, which still rumbles on.

House prices are showing a "marked improvement" and are likely to remain stable during the second half of this year, a study says today.

Payment protection insurance (PPI) is, once again, the most complained-about product so far this financial year, the latest Financial Ombudsman Service figures reveal.

Thousands of ING Direct mortgage customers face a jump in their mortgage rate from next month.

A number of RBS and NatWest customers have complained of loan payments being taken out twice, leaving their accounts short of cash which may trigger overdraft charges.

The proportion of people planning to take their first step on the property ladder in the coming months has risen to its highest level in at least two-and-a-half years, despite the "minefield" of difficulties they face, a study suggests today.

House prices have recorded the biggest dip in nearly three years amid the "challenging" economy, Nationwide says today.

Britain's banks rode out the latest blow to confidence in the industry today after 15 of the world's biggest institutions were downgraded by Moody's.

Hopes of cheaper mortgage deals were fuelled this week after lenders' borrowing rates tumbled to an all-time low, according to a mortgage broker.

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