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Analysis: A solid mid-year lending report

The lending arena continues to progress at a steady pace as half-yearly data is posted. Despite some pre- and post-MMR doom-mongers, lenders have quietly gone about their business offering increasingly attractive deals to credit-worthy borrowers.  In part, this led to the Council of Mortgage Lenders’ recent revision of its 2014 gross lending forecast to more […]

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Metro Bank enters rate war with 2.99% 5-year fix

Metro Bank is the latest to enter the late summer rate war by cutting its range of residential five-year fixed rates by 0.2 per cent. Following the cuts, the challenger bank is now offering a 2.99 per cent five-year fix up to 60 per cent. At 70 per cent LTV, Metro Bank now has a […]

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Ana Botin takes over from father at Santander

Santander UK’s chief executive Ana Botin has become the banking group’s executive chair following her father Emilio Botin’s death after 28 years at the helm. Ana Botin has led the group’s UK arm for three-and-a-half years and, until a new chief executive is recruited, deputy chief executive Nathan Bostock will fill in. Santander UK chairman […]

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