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TSB Bank is set to face legal action today worth up to £800m, brought by customers who claim they were locked into mortgages with “excessively high” interest rates. The legal action will see approximately 200 homeowners whose mortgages have been administered by TSB’s Whistletree brand issue claims for around £50,000
UK Mortgage Prisoners lead campaigner Rachel Neale says the organisation looks forward to the mortgage prisoners’ issue being “reviewed with fresh eyes” after economic secretary to the treasury John Glen announced his resignation from the government earlier today. Commenting on his resignation, Glen said while it had
The Co-Operative Bank (Co-Op Bank) is bringing a legal challenge against a judicial review at London’s High Court on a customer’s past mortgage interest payments, Bloomberg UK reports. The review is set to consider whether the Financial Ombudsman Service can investigate a complaint about the fairness of the interest