Anyone recently self-employed or who cannot prove their income could be excluded from getting a mortgage under proposals announced today by the City regulator.
Consumers whose mortgage payment protection insurance (MPPI) costs have increased this year will get an automatic refund, following regulatory pressure.
More than 300 homeowners who claim the mortgages they took out were "unfair" have been given the right to bring a group action against Barclays and Bank of Scotland.
6 October 2009
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