The Money Advice and Budgeting Service has said it intends to employ accountants to further scrutinise cases where it feels arrears statements show cause for concern. Photograph: iStock

The Central Bank is to examine the practice of financial lenders applying legal fees to the mortgage arrears accounts of homeowners involved in repos(...)

‘Concerns have  been flagged regarding how certain lenders have been processing mortgage tax relief at source, potentially inflating the level of arrears.’ Photograph: iStock

Mortgage lenders could be “usurping the statutory powers of the courts” by applying legal fees to struggling home owners in repossession cases before (...)