Feed Editor 10 Aug 2009 17:10:29 GMT First Mortgage Trust bring you the most topical and current relevant news within the industry. From mortgage and loan news and current regulations, to reporting on the fluctuations within the property market and rates. Syndicate our news. http://www.mortgage-loan-uk.net/news/ The FSA has fined one mortgage broker 130,000 GBP and banned a further six in relation to mis-sold mortgage fraud. All were found to lack integrity and honesty, they had committed the mortgage fraud by providing misleading and false 8 Jul 2010 11:24:17 GMT http://www.mortgage-loan-uk.net/news/6_mortgage_brokers_banned.php 905ED07C-6E67-4B53-86B6-65854AB7A3A9 Banks have been urged to allow bankrupts access to basic accounts and to treat them fairly. Citizens Advice commented that undischarged bankrupts were being denied a basic account (i.e. with no credit facility) by the majority of UK banks 12 Jul 2010 18:27:24 GMT http://www.mortgage-loan-uk.net/news/banks_treating_bankrupts_unfairly.php 732BBFC1-F3C0-410E-9D38-A4ADE7D05736 Barclays Financial Planning have been forced to refund more than 157,000 GBP to a terminally ill man who was mis-sold a 5 years structured product. The case was succesfully brought by Mackenzie Financial Planning based in Bury. 8 Jul 2010 11:23:23 GMT http://www.mortgage-loan-uk.net/news/Barclays_forced_to_pay_dying_man_over_mis-selling.php 96705783-9A87-40E7-B48F-377F178A097E A credit broker based in Manchester, Mohammed Yusuf, has had requirements imposed on him by the Office of Fair Trading. Mr Yusuf also offered his services as a debt management provider. 8 Jul 2010 11:22:41 GMT http://www.mortgage-loan-uk.net/news/broker_ordered_to_refund_brokerage_fees.php BDC680E6-A26B-42FE-9735-D17CF4748142 The North-South divide is highlighted again in relation to personal insolvencies throughout England in 2009. The North East was identified as having the highest number of personal insolvencies (IVA and bankruptcy). 10 Jul 2010 12:02:54 GMT http://www.mortgage-loan-uk.net/news/Insolvencies-highest-in-North-East.php A1480F78-0D21-4267-A029-0A5B022BC25F UK building societies and banks within the last 12 months ending Q1 2010 confirmed 9.6 billion GBP of loans written off to individuals. Within the first three months of 2010 2.13 billion GBP was written off. 11 Jul 2010 09:23:14 GMT http://www.mortgage-loan-uk.net/news/Over-23-million-GBP-a-day-written-off-by-lenders.php B8804E84-86E6-41B1-ADBF-E2D91D066F9E Redstone Mortgages Limited (Redstone) has been fined 630,000 GBP by the Financial Services Authority (FSA) for its poor treatment of some of its customers facing financial hardship and mortgage arrears. 17 Jul 2010 10:24:30 GMT http://www.mortgage-loan-uk.net/news/Redstone_mortgages_fined_630_thousand_GBP.php D9E299E4-B367-4D25-BF3A-87AE246D4CBB