Lloyds fined £64 million for overcharging mortgage customers

Lloyds fined £64 million for overcharging mortgage customers

Lloyds fined £64 million for overcharging mortgage customers

Lenders fined for mistreating homeowners in arrears between 2011 and 2015

Stephen Little
Thu, 06/11/2020 – 11:48

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The Financial Conduct Authority (FCA) has fined Lloyds Bank £64 million for failures in mortgage arrears handling dating back to 2011.

The FCA says the bank and its subsidiaries, Bank of Scotland and…

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