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Rebrand or not, I will only use RBS as a last resort

How does the Royal Bank of Scotland, despite its recent rebranding, expect brokers to use it when it is still aggressively dual pricing?

The following scenario seems to illustrate the problem nicely.

I had an enquiry for an 80% LTV tracker and the client ended up going direct to NatWest. The rates are as follows:

  • Direct – 2.99%
  • RBSIP broker product – 5.49%
  • Best broker product with another lender – 4.39%


Iwill continue to support lenders that support me and only use RBS/NatWest if there is no alternative.




Harman, buy-to-let and the Blair Witch Project

I’m weary of the nanny state and the politically correct. Night after day we are lectured and brainwashed on what we shouldn’t eat and drink and how much exercise we should take and now, God forbid, we have Harriet Harman’s Equality Bill

Santander UK profits rose 30% to £1.54bn last year

Santander UK posted a 30% rise in annual pre-tax profits to £1.54bn for the year to December 31 2009 and increased its gross mortgage market share. Santander’s UK banking arm, which recently completed the re-branding of Abbey and Bradford & Bingley branches, increased its gross lending share of the mortgage market to 18.6%, up from […]


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