Mortgage arrears handling
The Financial Services Authority has published proposals to strengthen existing rules on arrears handling.
The key arrears proposals:
Make plain that firms must not add early repayment charges...
Sector
Mortgage Repossession
We undertake mortgage repossession work for a variety of banks, building societies, financial institutions and third party servicing companies. The team handle bulk mortgage repossession cases using a bespoke case handling management system and offer our clients the highest level of technical innovation with extranet access, enabling our teams to work cohesively.
Our team is trained to spot potential problems early, to focus on solutions and to offer practical, commercial legal advice.
Key team contact
Jackie Hanlon 01923 690078
jackie.hanlon@mablaw.com
Latest news and views about Mortgage Repossession
RSSMortgages – Power of sale and residential property consultation
The Ministry of Justice has today published a consultation paper on mortgages - power of sale and residential properties. It ends on 28 March 2010.
The consultation was launched in response to the case...
Bank takes subject to beneficial interest
The court found that the bank took subject to the occupier's beneficial interest in the property as they failed to make inquiry of him. Paragraph 2 of schedule 3 to the Land Registration Act 2002 provides...
