
Lloyds pays £300m to 526,000 borrowers after failing to check they could meet mortgage repayments
LLOYDS Banking Group has repaid £300million to £526,000 borrowers after it failed to check they could meet mortgage repayments. City watchdog the Financial Conduct Authority (FCA) has also fined the group £64million for the errors. Between April 2011 and December 2015, Lloyds Bank, Bank of Scotland and The Mortgage Business failed to gather the correct […]