Financial Services Authority
Greater protections for mortgage borrowers
The protections enjoyed by UK mortgages borrowers are to be strengthened under new proposals published by the Treasury.
Increase in number of home repossessions
The number of repossessed homes increased by 68 per cent last year, according to new figures from the Financial Services Authority.
FSA warns mortgage companies to treat customers fairly
The Financial Services Authority (FSA) has written to the chief executives of all mortgage lenders, giving them until January 31, to ensure customers facing arrears are being treated fairly.
Home repossessions soars by 71%
The number of people losing their homes after failing to meet their mortgage repayments has soared, figures showed today.
