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OFT

Piggy banks squeeze

Banks squeeze overdraft fees

As Britain’s biggest banks return to court to defend overdraft fees, new research reveals average interest charges on overdrafts have increased to over 13% since June. Read more
Judge and hammer

Banks back in court

Britain’s biggest banks are back in court today to challenge a legal ruling that gives the Office of Fair Trading the right to decide whether overdraft charges are fair or not. Read more

Crackdown on sale and rent back

Landlords who buy properties at under market value and allow the previous owners to rent it back are to be investigated by the Office of Fair Trading amid concerns they take advantage of desperate homeowners. Read more

New ruling on unfair bank charges

Bank charge victims have been dealt a blow after the High Court judge hearing the high profile case said most banks’ terms and conditions were fair. Read more
Couple at computer

Better protection for consumers

New laws to protect consumers from rogue traders, lenders and debt collectors come into force today, which aim to help people keep track of their borrowing more effectively. Read more
New build

Faulty new homes hitting homebuyers

Many people who buy new-build properties are still facing significant costs and distress as a result of faults and delays in moving in, a major investigation has revealed. Read more
Filofax

Bank charge waiver extended until 2009

Victims of unfair bank charges will have to wait until at least 2009 to claim any refunds after the financial regulator extended a complaints waiver for another six months. Read more
Finding a home for your pennies

Find the best current account

Just 6% of current account customers switched deals last year - despite many earning uncompetitive rates of interest on their earnings. So where should you keep your pennies? Read more

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