Mortgage holidays may be extended beyond October according to FCA – details due next month

Mortgage holidays may be extended beyond October according to FCA – details due next month


MORTGAGE holders and consumer credit customers have seen continuous support from the government and financial regulator in recent months. Payment holidays were provided to those who suffered financially from coronavirus and today the FCA have highlighted that plans are in motion to think beyond their deadlines.

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Lloyds racks up losses of £602m – Impact of the coronavirus has been ‘profound’

Lloyds racks up losses of £602m – Impact of the coronavirus has been ‘profound’


THE boss of Lloyds has said the impact of the coronavirus has been "profound" as the bank took a bigger-than-expected hit that pushed it into a loss. Chief executive Antonio Horta-Osorio's bankers revealed that the business had taken a £2.4billion impairment charge in the second quarter for the loans it thinks might go bad.

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Seeing the doctor means more than a face on a screen, says ROSS CLARK

Seeing the doctor means more than a face on a screen, says ROSS CLARK


GIVEN the embarrassing failure of his "world-beating" test and trace app, one might have thought that Health Secretary Matt Hancock would ease back a little on his crusade to introduce more digital technology to the NHS - at least until he had got on top of the Covid-19 crisis.

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Mortgage application fraud is on the rise in the UK – follow this advice to avoid problems

Mortgage application fraud is on the rise in the UK – follow this advice to avoid problems


MORTGAGE approvals have increased in recent weeks which bodes well for customers themselves and the wider economy. Unfortunately, mortgage application fraud is also on the rise according to new research but some of the biggest causes of this have been revealed which should help people avoid the problems in the future.

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