{"id":142179,"date":"2024-02-02T14:00:41","date_gmt":"2024-02-02T07:00:41","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-agrees-payout-over-mortgages-that-ruined-lives\/"},"modified":"2024-02-02T14:02:50","modified_gmt":"2024-02-02T07:02:50","slug":"bank-agrees-payout-over-mortgages-that-ruined-lives","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-agrees-payout-over-mortgages-that-ruined-lives\/","title":{"rendered":"Bank agrees payout over mortgages that \u2018ruined lives\u2019"},"content":{"rendered":"<p>&#013;<br \/>\nOut-of-court settlement reached with law firm acting for customers who have been left owing big sumsOne of Britain\u2019s biggest high street banks has agreed a payout to settle a case involving \u201cunfair\u201d mortgages \u2013 giving hope to thousands of people who have been left owing huge sums.On the eve of a trial set to last six weeks, Bank of Scotland \u2013 part of Lloyds Banking Group \u2013 and a law firm representing 160 current and former customers reached an out-of-court settlement that means the bank will not face a public grilling. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2024\/feb\/02\/bank-agrees-payout-over-mortgages-that-ruined-lives\" target=\"_blank\" rel=\"noopener\">Bank agrees payout over mortgages that \u2018ruined lives\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Out-of-court settlement reached with law firm acting for customers who have been left owing big&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-142179","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AZd","jetpack-related-posts":[{"id":160672,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-face-lawsuits-over-mortgages-that-left-people-with-huge-debts\/","url_meta":{"origin":142179,"position":0},"title":"UK banks face lawsuits over mortgages that left people with huge debts","date":"September 8, 2025","format":false,"excerpt":"\r Group actions against Barclays and Bank of Scotland over products that left some people owing up to 20 times the sum they borrowedTwo of Britain\u2019s biggest banks face being sued over \u201cunfair\u201d mortgages that have left some people owing up to 20 times the sum they originally borrowed.The law\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81101,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-progress-in-redressing-compensation-to-customers-over-tracker-mortgages-bank-of-ireland-ceo\/","url_meta":{"origin":142179,"position":1},"title":"Good progress in redressing compensation to customers over tracker mortgages: Bank of Ireland CEO","date":"February 26, 2018","format":false,"excerpt":"\r \"We've really challenged ourselves to be more customer focused,\" says Francesca McDonagh.\r \r Source : cnbc.com\r Read more...Good progress in redressing compensation to customers over tracker mortgages: Bank of Ireland CEO","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deutsche-bank-agrees-170m-settlement-in-euribor-lawsuit\/","url_meta":{"origin":142179,"position":2},"title":"Deutsche Bank agrees $170m settlement in Euribor lawsuit","date":"June 13, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Deutsche Bank agrees 0m settlement in Euribor lawsuit","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deutsche-bank-agrees-to-220m-settlement-in-us-libor-probe\/","url_meta":{"origin":142179,"position":3},"title":"Deutsche Bank agrees to $220m settlement in US Libor probe","date":"October 26, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Deutsche Bank agrees to 0m settlement in US Libor probe","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wells-fargo-is-accused-of-making-improper-changes-to-mortgages\/","url_meta":{"origin":142179,"position":4},"title":"Wells Fargo is accused of making improper changes to mortgages","date":"June 15, 2017","format":false,"excerpt":"\r The bank denies allegations in lawsuits that it changed the loan terms of customers in bankruptcy without their knowledge, putting them at risk of default.\r \r Source : cnbc.com\r Read more...Wells Fargo is accused of making improper changes to mortgages","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67354,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/redundancy-payout-nightmare-after-bank-transfer-error-sends-stranger-money\/","url_meta":{"origin":142179,"position":5},"title":"Redundancy payout nightmare after bank transfer error sends stranger money","date":"September 25, 2017","format":false,"excerpt":"\r Moving funds about is getting ever easier thanks to technology, but so are the chances of sending them to the wrong placeLife as Sam Woods knew it changed in July when his employer went into administration. The 31-year-old was one of 50 workers who lost their jobs when their\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142179"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=142179"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142179\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}