Regulator warns tracker rate rises could be unlawful – Telegraph

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Regulator warns tracker rate rises could be unlawful – Telegraph

24th November 2013, 12:20:PM

The City watchdog has written to banks and building societies warning that changing customers’ mortgage terms could breach consumer protection laws. Last month, The Telegraph reported that the Financial Conduct Authority (FCA) was investigating whether mortgage lenders should be allowed to change borrowers’ contract terms after Bank of Ireland and West Bromwich Building Society raised […]

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Regulator warns tracker rate rises could be unlawful – Telegraph

Regulator warns tracker rate rises could be unlawful – Telegraph

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