Mortgage Lender Reprimanded By The FCA !

Thursday 17th May 2018

Shawbrook Bank Has Admitted Being Reprimanded By The Financial Conduct Authority.
Shawbrook Bank has seen a significant decline in lending volumes since the Financial Conduct Authority forced it to make changes to its lending policy back in October 2017.
The Financial watchdog was investigating several firms, after evidence emerged over lax lending standards. The […]

Excess Mortgage Arrears

Friday 1st December 2017

Over 750,000 mortgage customers who fell into arrears and were then unfairly charged twice are to receive compensation.
Last year, it was estimated that over 750,000 borrowers may have been overcharged after falling behind on their mortgage payments.
The Financial Conduct Authority have now told banks and building societies that they have until July 2018 to […]