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FSA approves Clay Cross and Derbyshire merger

The Financial Services Authority yesterday confirmed the proposed transfer of the engagements of the Clay Cross Building Society to the Derbyshire Building Society.

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Lenders reprice SVRs following rate rise

Lenders are repricing their standard variable rates in the wake of the Bank of England&#39s 0.25% interest rate rise last week. Among the first lenders to announce changes to their rates are Nationwide, which will increase its SVR by 0.35% to 4.89% from December 1 and Standard Life, which will increase its rate by 0.25% […]

Football star to open West Bromwich branch

Former England football star Paul Merson will officially open the new branch of the West Bromwich in Tamworth, Staffordshire on Tuesday November 25. Merson, who is currently enjoying a season with Walsall FC, will open West Bromwich&#39s branch at the Ankerside Shopping Centre. As well as cutting a ceremonial cake with chief executive Andrew Messenger […]

Darlington selects Lynx banking programme

Darlington has selected Lynx Financial Systems&#39 Summit programme for its core banking systems. Summit will manage the society&#39s full mortgage application processing and post completion administration. The company says it will allow end to end processing throughout the life-cycle of the mortgage, beginning with any quotation, through to application and completion stages and followed by […]

Mortgage Brain launches compliance events at sporting venues

Mortgage Brain is launching a series of electronic trading and compliance events in the new year at major sporting venues across the UK. Providing a forum for introducers to discuss topical mortgage issues, Mortgage Brain&#39s free premier events will be held at various sporting locations throughout January and February 2004. Introducers attending the events will […]

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