Firms must not add early repayment charges on top of arrears charges as part of a raft of measures designed to ensure the fair treatment of mortgage holders in arrears.
The FTSE 100 opened lower, down 39.78 points or 0.76% to 5220 over worries about global growth following announcements in China and the US.
Tony Blair has signed a lucrative contract with a hedge fund that bet on the collapse of Northern Rock.
Britain's economy will take until 2012 to get back to where it was before the financial crisis, despite the end of Britain's worst recession since the 1930s, the CBI has warned.
State aid to help the liquidation of Bradford & Bingley would not break competition rules, the European Commission has ruled.
IFA consolidation business Succession Advisory Services has hired former Bluefin wealth manager developer Geoff Matthews as business development director.
Towry Law has received a cash injection from US investment company, Asset Management Finance LLC (AMF).
Investors seeking investment or savings solutions are shunning advisers and taking matters into their own hands, research suggests.
Health cash plan provider, Westfield Health, has announced the launch of a range of online services and initiatives for customers.
Consumers are being led into income drawdown by ‘unrealistic' critical yields quoted by insurance companies, according to Annuity Direct.