Legal Ombudsman must take “radical action” says Law Society
The Law Society has issued a statement saying that the Legal Ombudsman service (LeO) must take “radical action” if it wishes to retain the confidence of both public and profession. The Law Society said that changes made this year by the LeO are starting to show some signs of improvement, but the pace of change […]
“Delayed homeownership” in under 40s shows changing attitudes to later life borrowing
Nearly half (45%) of mortgaged homeowners under the age of 40 got onto the property ladder “much later” than they expected, compared with 29% of over-40s, according to new research by the Equity Release Council (the Council) which highlights the British public’s changing relationship with homeownership. A study of 5,000 UK adults’ financial experiences also […]