MoneySavingExpert News

Mortgages

Treasury Minister replies: 'Martin, I'll listen to your mortgage policy plans, but I've lines you can't cross'

The Economic Secretary to the Treasury has responded to news that MSE founder Martin Lewis is funding research to try to release 250,000 mortgage prisoners

2 March 2020

Competition watchdog to take action on leasehold selling

The competition watchdog says it has found evidence of potential mis-selling and unfair contract terms in the leasehold housing sector

28 February 2020

'I got the council tax band for me and 29 of my neighbours lowered, saving us £10,000s'

An MSE user has become the "favourite neighbour" in his area after challenging his council tax band and getting a price reduction for him and 29 other apartments in his postcode

18 February 2020

Martin Lewis to fund large-scale research to help free 170,000 mortgage prisoners

A new study at the London School of Economics and Political Science (LSE), funded by MoneySavingExpert.com founder Martin Lewis, will look to find solutions to unchain 170,000 'mortgage prisoners'

4 February 2020

Minister considering extending regulation to help mortgage prisoners

Treasury Minister John Glen has said that he is willing to consider extending the limits of the financial regulator's powers to help more 'mortgage prisoners' who are stuck on expensive deals with unregulated lenders and lenders that no longer offer new mortgages

28 January 2020

Major lenders show 'little interest' in helping mortgage prisoners switch

Major mortgage lenders have shown "little desire" to help homeowners trapped on high interest rates by relaxing affordability rules, the financial watchdog has said

20 January 2020

Stuck with your mortgage? Mortgage prisoners challenge lenders in group legal action

Stuck with your mortgage? Mortgage prisoners challenge lenders in group legal action

14 January 2020

Barriers removed for some mortgage prisoners – but Martin says it will only 'unchain a tiny fraction'

The financial regulator has removed some barriers that stop mortgage prisoners from finding a cheaper deal – though many will still be left trapped.

28 October 2019

Hundreds of ex-Virgin One mortgage customers to get refunds – with some getting £1,000s back

Some ex-Virgin One mortgage customers are being refunded after a review found the information they were sent about the account could have been misinterpreted and may have led to them making decisions that could have cost them money - such as moving home or re-mortgaging

29 July 2019

'I was hounded by bailiffs and turned down for a mortgage – because of my credit file doppelganger'

A man called Andy Smith who shares his name and date of birth with someone else has told how his namesake's financial problems had a knock-on effect on his life for over a decade

23 July 2019