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Norwich & Peterborough report pre-tax profits of £1.3m
Norwich & Peterborough Building Society has reported a pre-tax profit of £1.3m for 2009, down from £5.9m in 2008.
Association of Arrears Mediators appoints chairman
The Association of Arrears Mediators, a new trade association founded by five mortgage and loan arrears mediation companies, has appointed Ray Hugill as chair.
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Lloyds Banking Group allows overpayments of 20%
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UK prime RMBS remain stable, says Moody's
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Accord withdraws all products
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Newcastle Building Society returns to profit
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HSBC to launch 1.99% mortgage
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Remortgage market shows signs of improvement
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Northern Rock posts £257m loss
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Abbey to cut rates by up to 0.4%
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Stonehaven suspends new lending
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C&G to launch buy-to-let deals
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Kensington targets complex prime
Opinion
Chelsea and Yorkshire merger talks disappointing but unsurprising
Yorkshire Building Society has announced it is in “advanced talks” to takeover, sorry, merge with, Chelsea Building Society. This is not yet a done deal and the statement was no doubt rushed out as a result of a leak reported by Mark Kleinman, city editor of Sky News, who makes the important point that although the Financial Services Authority has, as one would expect, been kept informed of negotiations it has not forced the Chelsea into these discussions.
