Violation Tracker UK Individual Case

Company: Redstone Mortgages Limited
Penalty: £630,000
Year: 2010
Date: 12 July, 2010
Offence Group: financial offences
Offence Type: mortgage abuses
Violation Description: Redstone paid a £630,000 fine in settlement of a finding by the FSA that the company treated mortgage customers in arrears unfairly, including excessive fees, unnecessary litigation and unclear correspondence.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
Source of Data: (click here)