FCA review finds lenders mistakenly collected arrears payments twice from 750,000 customersAround 750,000 struggling mortgage borrowers could be due compensation after the City regulator found lenders had made mistakes in the way arrears were collected.A review by the Financial Conduct Authority looked at how lenders were treating borrowers who had fallen behind with their loans and were repaying their arrears alongside their monthly mortgage repayments. Continue reading…
Source : theguardian.com
Read more…Thousands of borrowers with mortgage arrears could get compensation















