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Saturday 20th of March 2010

News Tag: repossession NatWest

December 1, 2008

RBS borrowers allowed six months to sort out mortgage arrears

by Gill Montia
RBS borrowers allowed six months to sort out mortgage arrears
RBS, which last week completed a fundraising that left the taxpayer as majority owner of the bank, has pledged to allow homeowners in financial difficulties more time to sort out their mortgage arrears. Borrowers with RBS or its NatWest subsidiary will not face repossession proceeding until they are six months in arrears with repayments, rather than the customary ...