CML

Mortgage lenders have been accused of harming borrowers' chances of getting a homeloan by unnecessarily ruining their credit records.

Mortgage lenders, the regulator and Government have all come under fire from MPs due to the shoddy way those struggling to pay their homeloans are treated.

Mortgage lenders are hitting struggling borrowers with thousands of pounds of additional fees. Many are thought to be disguised, excessive and can be reclaimed.

Property repossessions are up by 50% compared to the same period last year, it was announced today.

Almost one million homeowners have mortgage debt worth more than the value of their home. If you’re affected, you can take steps to limit the damage.