Home Move: Property Forums
The UK's independent property information site
|   Home  |   News  |   Guides  |   Forums  |  
Go Back   Home Move: property forum > Property Forums > Mortgages
FSA warns lenders to be fair to borrowers in arrears FSA warns lenders to be fair to borrowers in arrears
Register Search Today's Posts Mark Forums Read
Mortgages Discussions on choosing a mortgages and mortgage options available.

Reply
 
Thread Tools
  #1 (permalink)  
Old 11-28-2008, 08:00 PM
Senior Member
  
Join Date: Sep 2007
Posts: 211
Post FSA warns lenders to be fair to borrowers in arrears
A warning has been issued to lenders by the Financial Services Authority (FSA). Mortgage providers have been given a deadline of 31 January 2009 to prove that customers facing arrears or repossession are treated fairly.The FSA’s rules concerning the treatment of mortgage customers in arrears state that lenders should have a written policy that reasonable [...]

More: FSA warns lenders to be fair to borrowers in arrears
Reply With Quote
  #2 (permalink)  
Old 12-01-2008, 11:15 AM
Member
  
Join Date: Sep 2008
Posts: 46
Default
It seems RBS has taken not of this.
RBS is now guaranteeing not to repossess for at least 6 months.
Reply With Quote
Reply

« Northern Rock raises its fixed mortgage rate | RBS offers breathing space for those with mortgage arrears »
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

 
» Property Boards
Buying Property Selling Property Estate Agents Solicitors & Legal Builders & Developments
Property Development Home Improvements Buying Property Abroad


All times are GMT +1. The time now is 06:22 PM.

Home Move - Top

Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0 ©2007, Crawlability, Inc.

Important Notice: HomeMove.co.uk does not provide professional advice on any aspect of buying, selling, developing or investing property. All posts are provided as lay opinions and not personal professional guidance. You should always seek a qualified professional for professional advice in relation to your personal circumstances. The HomeMove.co.uk forums are not monitored, and the site administrators cannot be held liable for the content of the forum. If you have any objection to any post on the forums, please either use the Report Post feature, or else Contact Us to ensure such content is properly dealt with. We are not responsible for third party links on the site.