Mortgage lending by banks and building societies was recorded at its highest ever level in November, as the property market surged ahead
Category: Banks
This Is Money: Bank Was Unanimous On Rate-hold
All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at 5% this month but they were split over the balance of risks to the inflation outlook
MoneyExpert: Abbey Launches Mortgage Experience Sharing Site
Abbey has launched a new website after research showed that most young people are more likely to seek advice from friends and family than a bank or building society when it comes to buying a home.
This Is Money: Five Building Societies ‘to Go’
At least five building society names will disappear as mutuals merge to become more competitive, says a leading business advisory firm
MoneyExpert: Card Users ‘could Face £16m Bill’
Consumers who use their debit or credit card to withdraw cash from automatic teller machines (ATMs) could be charged a collective £16.43 million for doing so this Christmas.
This Is Money: Banks’ £200m Christmas Cash-in
Banks could take an extra £200m from Christmas shoppers this year after raising their charges and interest rates, an investigation has found
This Is Money: HBOS Attacks Farepak Savers
Banking giant HBOS has attacked customers of the failed Farepak Christmas club, claiming a lack of gratitude may have deterred donations to a charity fund
This Is Money: Bidders Plot Newcastle Offer
U.S. hedge fund Polygon and Swiss investment bank UBS are preparing a takeover offer for Newcastle United, a source familiar with the talks said.
This Is Money: City Workers Who Don’t Clean Up
Millionaire workers at Goldman Sachs are pondering how to spend their huge Christmas bonuses, but lowpaid cleaners at the investment bank are in no mood to celebrate.
Scotsman: Watchdog Will Force Credit To Be Given Where It’s Due
CREDIT reference agencies are the bête noire of consumers. It is distressing to be denied basic financial services such as a bank account, credit card, personal loan or mortgage because an anonymous Big Brother says you are not to be trusted.