Halifax, now part of the Lloyds Banking Group, are reporting costs of £500 million to put right blunders that occurred within their mortgage selling operations between 2004 and 2007. Lloyds reported today that their Halifax mis sold mortgage ordeal was centred around the information given to customers between that time was confusing and did not outline interest rates clearly to the customer. This was not in line with the FSA who are in agreement with Halifax about the mortgage mix up.

This appears to be the bi product of mis sold mortgages scandal where banks wrongly informed customers on aspects of mortgages to push them onto customers in order to boost profits. This agreemant was announced just before the FSA rportde that it had fined DB Mortgages, which is part of the Deutsche Bank Group, £840,000 for irresponsible lending practices and unfair treatment of customers in arrears.

Lloyds are now reporting that they must pay back 300,000 customers compensation and that there are 600,000 customers that may have been affected. This adds to the vast amounts of mis sold mortgages sold by a number of banks during the ongoing crisis and it is only a matter of time before they also own up.

If you are one of the unlucky customers who have found yourself stuck with a non agreeable mortgage then we can help you with a compensation claim today. Call 0800 840 7291 and we will start a claim to help you recover the costs

With the latest mis sold mortgages banking scandal gaining momentum, we have to stand back and ask: how did the banks get away with it for so long and what role did the FSA play in letting them get allowing it to happen in the first place?

Thousands of claims are being lodged against the banks following the revelations that they have been mis selling mortgages to borrowers.  Bank customers are claiming back extra charges they have been paying to the banks for mis sold mortgages which were unlawfully authorised by the banks.

The consequence of this lack of professionalism has been disruptive to society and is costing many people their homes.  This at a time when the economy is reported to be experiencing stagnating growth and peoples finances are being stretched to the limit.  So why did they continue to operate this way and how did they get away with it?

We at Bank Charges currently have no answer!  We know that the FSA failed the consumer with the bank charges dabacle.  We know that the FSA failed the consumer with letting the banks get away with mis selling PPI.  We know that the FSA failed to the consumer by letting the banks get away with charging exrortionate credit card charges.  And we now know that they failed the consumer by letting them get away with mis selling mortgages.

Their role was to regulate the banking sector and protect the consumers from falling prey to the brutal Bankers and their greedy causes.   They failed us all.

We are now helping people claim back un-deemed charges on their mis sold mortgages and recovering the money they have wrongly had to pay, including any mortgages sold within the last 6 years.  If you have fallen prey to the vultures in the economical jungle and have been unfairly hit with a mis sold mortgage package, we can help you.   Just give us a quick call today on 0800 840 7291 and see how quickly we can get all that money back for you.

Public anger at the banks is back it seems. With last week’s news by the Treasury, leaving nothing for the consumer to be happy about, there is no doubt that the public will again turn their anger to the banks. In defence of the consumer Vince Cable and his ally, Lord Oakshott, spoke out at the Treasury’s recent pledges stating “I’m afraid the banks have taken the Treasury for a ride”.

The TUC backed the backlash and stated that the Government cave-in on bonuses last week will only have increased public anger. As the nation struggles to recover from global economic crash caused by the mistakes made by the bankers, it appears the Government has decided to continue backing the banks ahead of their people. The plight of millions of people struggling with their finances in the wake of the banking crisis is being ignored.

Mis sold mortgages, mis sold ppi and unfair credit card charges are costing the consumer millions, while the greedy bankers continue to reward themselves with huge bonuses. If the Government recognises this, and acts to protect the consumer they could and put an end to the public anger.

Consumers who have mis sold mortgages are now resolving the problem by seeking refuge in claiming back any unnecessary costs they have paid. If you feel that you have a mis sold mortgage, call 0800 840 7291 and we will aid in recovery of costs for you. We provide advice and guidance for all consumers who are in receipt of mis sold mortgages.

With all the recent talk of a Big Society and now a Big Society Bank, it makes us wonder whether David Cameron has taken up a speaking a new foreign language recently.  With the focus on cutting the budget deficit it appears that the Coalition are getting carried away with an idealistic utopia of a Big Society and losing sight of the people and society as it is today.  Where do the consumers, who have been coerced into buying mis sold ppi and mis sold mortgages, fit into the Coalitions Big society plans as they face the threat of repossession and bankruptcy? 

According to government reports, it was the big freeze in winter of 2010 which contributed to the failing in the last quarter of 2010 although this was challenged by Ed Balls by raising the point that the US faced a big freeze also during that period and their economy did not stagnate like ours did.  He mocked the Treasury in their first meeting with asking whether there was something different about the snow…?  Whatever jargon the government throws at us, does not excuse the banks for the part they played in damage to the economy over the past decade with their deadly lack of economic responsibility highlighted by the new the mis sold mortgages debacle.

The millions who were entrapped into mis sold mortgages by the banks are now claiming back the millions they have paid in lieu for the mortgages. Call our specialist team of advisors on 0800 840 7291 who will assist your claim rapidly and effectively if you have a mis sold mortgage.

The much anticipated rise in bank interest rates by the Bank of England last week caused more nervous unrest for the borrower, although the eventual non change to the rate was the good news that all mortgage payers and home buyers had wanted to hear.

Leading up to the expected rise last week, everyone had a viewpoint on how current economical factors are affecting the consumer. The Independent Committee of Banking loudly suggested that the Government needs to get public spending right to increase consumer confidence. Will any of the changes in banking reform, including limitations on banker’s bonuses have that desired effect on consumer confidence? VAT was another factor they say that is halting consumer confidence.

The recent banking scandals: first bank charges, then mis sold ppi, followed by excessive bankers bonuses and now mis sold mortgages have obviously done nothing for consumer confidence – apart from leaving millions unable to trust the banks in their wake. Where is the potential homebuyer to turn when looking for mortgages when they simply no longer trust their high street banks.

Many of us know somebody suffering from the mis sold mortgages which the banks infamously dumped onto society, so would it not be best for the Coalition to change banking reforms in light of this? Maybe in favour of the consumer, to safeguard them from a repeat scenario of the mis sold mortgages in future. In the meantime those increasingly looking to fix the problem and costs of the mis sold mortgages are finding peace of mind and protecting their rights with claims for compensation for the added undesired costs rendered from a mis sold mortgage.

Call us on 0800 840 7291 to find out what we can do for you to help you get compensation for the costs you have unnecessarily paid on your mortgage.

Uncertainty lies ahead for the home buyer in 2011.  Although the recent decision to keep bank rates at 0.5% provided some good news for home buyers, stagnating house prices seem to be on the cards for 2011 as some of the industry giants predict.

The Centre for Economies and Business Research has predicted that house prices will be down by 1.7% by the end of 2011, reporting a rise of 6.4% in 2010.  They say this dip in house prices is good news for the first time buyer though, who reportedly spend a quarter of their disposal income on mortgage payments, and lower prices and low mortgage rates  could be the encouragement first time buyers need to get their feet on the property ladder.

But what of existing mortgage holders. Indeed, a drop in house prices will sink some mortgage holders finances, particularly those with high risk or mis sold mortgages in the first place.

If consumers have been conned by the banks and cornered into buying mis sold mortgages, then in the face of the frail current economy should the banks not be looking to unburden those consumers` and free them from the mis sold mortgages merely out of goodwill or as a morale duty to the economy?

The pandemic of mis sold mortgages reached millions of unlucky consumers who are still paying the price even 6 years later.

Let us aid you in recovery from your mis sold mortgage, call us today on 0800 840 7291 and we will  review your mortgage and guide you through the process of reclaiming any unfair costs you have faced being trapped in the unwanted mortgage today.

Do the banks deserve all the backlash and anger they have recently received in light of their unorthodox banking scandals or are we too harsh.  Many MPs are calling for the Government to be harsh and George Osbourne has been accused by the media as being ‘too soft’ on the banks.

In the face of the banks recent scandals and their continuing persistent to pay their top Bankers huge bonuses, the taxpayer bail outs  and the infamous mis sold mortgages scandal is it not time that the Treasury backed the `conned’ consumer and not the banking giants.

Some are accusing Osbourne of being lenient with the banks because of the rumoured 50% of Tory funds coming from the City, which was highlighted by The Guardian this week.  So is it a case of the Party being obliged to the banks perhaps? Or as The Guardian leads us to suggest `that he cannot afford to upset his paymasters….’. Whatever the reason it is clear that the hard done by victims of the mis sold mortgages scandal stand alone in their grief against the banking giants.

The rise of claims of those trying to protect their rights and revolt against the banks on the mis sold mortgages deals is rising. If you want to reclaim any costs and are stuck in a mortgage mis sold to you let us assist you to put it right. You are not alone, call us on 0800 840 7291 and we will advice you on getting even with the greedy banks and get you back what you have unwillingly paid over the last years.

FOS stands for Financial Ombudsman Service and they are the ones that are battling the mis sold PPI battle for the past few years now. And they have been successful in fighting and suppressing mis sold PPI cases and giving the victims just compensation for their unfortunate fate.

The Financial Ombudsman Service considered the mis selling of PPI a gross misconduct – this means that the mis selling of PPI is just as equal to stealing in the work place or other work place related crimes, such as violence in the work place and etc.

People that have been mis sold PPI are normally the middle class people that didn’t know they have been robbed for the past years; and by knowing they will not endure anymore the times they cannot pay a large sum of money because of the PPI insurance policy. They are advised to file PPI claims so that they can get their refund.

The Financial Ombudsman is always called for mis sold PPI claims, but there are also times the people call Claim companies to do the reclaiming for them – and they are quite effective and successful in claiming the refunds.

If you want to contact a Claim company, you can call this number 0800 840 72 91 so you can start the PPI claim today right away.

Payment protection insurance was supposed to help people in times when they cannot pay because of unforeseen tragedies. But sadly, this insurance policy has been mostly used to trick the bank clients to get their money from them so that the bank can benefit. Mis sold PPI claims are made so that the money spent on paying the mis sold PPI can be refunded and be returned to the people who paid that mis sold insurance policy. For more information about mis sold PPI claim and how to get it started and get your money back from the banks, simply fill out the 2 minute form or call us on 0800 840 72 91 and speak to a member of our team.

Claim companies can also help in you aim to get your money back from mis sold PPI. You should have a solid and eligible PPI claim, after that the Claim Company will do the rest. They have a guarantee that if the client does not win, the client is not eligible to pay the claim company. This is very good for people that don’t have that much money.

If you want to contact a claim company, give this number a call 0800 840 72 91 and someone will speak to you and what is the next step in getting the PPI refunds.

People often think that when you have a mis sold PPI, then it is over and you can’t get the refund – this is not true. The law made it very clear that you can claim your mis sold PPI refund if you are eligible for a PPI claim. All you have to do is file the right paper works and you are on your way to get the PPI refund that you deserve. To get your PPI claims started and get your money back from the banks, simply fill out the 2 minute form or call us on 0800 840 72 91 and speak to a member of our team.

Claim companies can help you get the right documents and help you get the PPI refund without you ever lifting a finger. Most of the people that have been service by Claim companies are happy of the results because they got their full refund from the mis sold PPI claim in just a matter of weeks.

If you are interested in contacting a Claim company, you can start by filling out the 2 minute form and or call us in this number 0800 840 72 91 and speak to one of the representatives of the Claim company so that the mis sold PPI claim can be started right away.