Monthly Archives: February 2011

Mortgage Payment Warning for Debt Strapped

With the Bank of England anticipating interest rates may have to rise as much as three times over the course of the year, UK households could be putting their homes at risk by not prioritising their debts. With annual inflation hitting 4% in January, double the target, it is likely that many UK homeowners will [...]

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Payment Protection Insurance Shock Likely as NHS Job Cuts Loom

As new figures show that thousands of NHS job losses are planned in the coming months, many employees could be in for a shock when they learn that the payment protection insurance they have may not be able to help them. The Trades Union Congress (TUC) has confirmed today that the total number of posts [...]

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Mortgage Lender Mis Sold Mortgages

A leading mortgage lender has been fined by the Financial Services Authority (FSA) for unfair treatment of their customers and for mis-selling mortgages.  DB Mortgages, part of the Deutsche Bank Group, has been fined £840,000 for irresponsible lending practices and unfair treatment of customers in arrears by the FSA.

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Banks Let Down Customers in Handling Complaints

New research into customer complaints and the handling of them reveals that banks continually let their customer’s down on everything from bank charge complaints to mis sold PPI. The consumer watchdog, Consumer Focus, has found that despite still being unhappy with their bank after making a complaint, only 31 per cent of customers look to [...]

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