Insights

June 2016

Earlier this year the Government announced a number of measures designed to improve the life chances of struggling families across the UK. These measures included Help-to-Save, a national mentoring campaign and increases in the National Minimum Wage.

With research showing that almost half of UK adults have less than £500 set aside for emergencies; Help-to-Save (HTS) has been the topic of much debate, with many stakeholders broadly in favour of the principles which sit behind it.

June 2016

The Financial Conduct Authority (FCA) has announced that it is proposing a change to the way that mortgage lenders allocate customer payments in circumstances where customers have fallen into arrears.

April 2016

Many customers drew on the rise in value of their homes by increasing secured borrowing during the property boom. A decade or so later, some customers can no longer afford the higher repayments, prompting claims for losses allegedly caused by reputed sales malpractice. Although the number of claims is relatively modest compared to PPI claims, the amount at stake in a legal claim for mortgage mis-selling frequently runs to six figures.

April 2016

‘Hot on the heels’ of further court fee increases that came into effect on 21 March 2016, April 2016 sees changes taking place across various procedural parts of the court rules (England & Wales). 

Most notably, these changes include amendments to the rules about enforcing judgments by:

February 2016

In the Government’s July 2015 consultation response, the intention to proceed with further proposals to increase court and tribunal fees was announced.

Consistent with this, on the 15 February 2016, Her Majesty’s Courts & Tribunals Service confirmed that it anticipates a number of court fee changes, which are expected to come into effect next month, March 2016.

Tags: Court Fees

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