Future of Legal Ombudsman hangs in balance
Meetings between the Government and regulators are set to discuss potential changes to the current redress structure, if the performance of Legal Ombudsman services does not improve. The LSB will hear initial feedback on whether the failing Legal Ombudsman has made efforts to improve its performance next month. This comes following a 13% budget increase […]
Property wealth hits new high
The overall value of UK housing stock has risen from £5.67trn to £6.42trn over the last year, with private property wealth reaching a new high of £4.87trn according to figures released by the Equity Release Council. While the level of mortgage debt has reached unprecedented levels, now above £1.5trn, fast rising property prices mean that […]
