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Fca Finds Some Lenders Could Manage Long Term Mortgage Arrears Better - Latest News


FCA finds some lenders could manage long term mortgage arrears better

Home owners in the UK who find themselves in arrears should contact their lender sooner rather than later but those providing mortgages could manage some situations better, according to the financial ... read more

Mortgage lenders are failing to give vulnerable borrowers in arrears enough support, FCA finds

Mortgage lenders ... says that customers in long-term financial difficulty were generally treated well by lenders. However, it found there was some inconsistencies in firms’ arrears management practic... read more

Thousands more households are seriously behind with their mortgage now than during the financial crisis in 2008, despite near-record low rates

The watchdog has also discovered that some banks are not doing enough to properly manage ... long-term mortgage arrears need to be treated as vulnerable. For some the process of actually getting in to... read more



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