{"id":160672,"date":"2025-09-08T22:00:48","date_gmt":"2025-09-08T15:00:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-face-lawsuits-over-mortgages-that-left-people-with-huge-debts\/"},"modified":"2025-09-08T23:08:23","modified_gmt":"2025-09-08T16:08:23","slug":"uk-banks-face-lawsuits-over-mortgages-that-left-people-with-huge-debts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-face-lawsuits-over-mortgages-that-left-people-with-huge-debts\/","title":{"rendered":"UK banks face lawsuits over mortgages that left people with huge debts"},"content":{"rendered":"


\nGroup 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 firm Teacher Stern is bringing group actions against Barclays and Bank of Scotland in an attempt, it said, to win justice for two new groups of claimants comprising current and former customers and their next of kin. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK banks face lawsuits over mortgages that left people with huge debts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Group actions against Barclays and Bank of Scotland over products that left some people owing...<\/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-160672","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-FNu","jetpack-related-posts":[{"id":142179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-agrees-payout-over-mortgages-that-ruined-lives\/","url_meta":{"origin":160672,"position":0},"title":"Bank agrees payout over mortgages that \u2018ruined lives\u2019","date":"February 2, 2024","format":false,"excerpt":"\r Out-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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-uk-banks-announce-cuts-to-cost-of-fixed-rate-mortgages\/","url_meta":{"origin":160672,"position":1},"title":"Three UK banks announce cuts to cost of fixed-rate mortgages","date":"May 17, 2024","format":false,"excerpt":"\r Barclays Bank, HSBC and TSB reveal reductions, reversing some of price rises seen in recent weeksThree UK banks have announced cuts to the cost of fixed-rate mortgages, reversing some of the price rises seen in recent weeks.Barclays Bank has announced it will reduce the price of five-year fixed-rate deals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/six-big-uk-banks-to-start-lending-on-flats-with-cladding\/","url_meta":{"origin":160672,"position":2},"title":"Six big UK banks to start lending on flats with cladding","date":"December 20, 2022","format":false,"excerpt":"\r Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from JanuarySix of the UK\u2019s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they have not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118534,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-pulls-riskier-mortgages-after-nearing-lending-limit\/","url_meta":{"origin":160672,"position":3},"title":"Barclays pulls riskier mortgages after nearing lending limit","date":"September 8, 2020","format":false,"excerpt":"\r UK bank cut income multiples without notice last week to avoid breaching regulatory rule\r \r Source : ft.com\r Read more...Barclays pulls riskier mortgages after nearing lending limit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rbs-and-natwest-to-stop-offering-mortgages-to-british-expats\/","url_meta":{"origin":160672,"position":4},"title":"RBS and NatWest to stop offering mortgages to British expats","date":"May 11, 2016","format":false,"excerpt":"\r From 19 May, banks\u2019 new policy will require applicants to be resident in the UK in order to be eligible for a mortgage Royal Bank of Scotland and its NatWest arm have been accused of turning their backs on Britons living abroad after becoming the latest UK lenders to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-cuts-rates-on-some-mortgages-to-below-4-amid-us-tariffs-turmoil\/","url_meta":{"origin":160672,"position":5},"title":"Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil","date":"April 10, 2025","format":false,"excerpt":"\r Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live \u2013 latest updatesBarclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the US trade\u2026","rel":"","context":"In "Property 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