View more on these topics

KPMG agrees mortgage tie-up with Clydesdale and Yorkshire Banks

Professional services firm KPMG is offering its employees preferential mortgage rates through Clydesdale Bank and Yorkshire Bank, after agreeing a private banking package with the two lenders.

From today, all 12,000 KPMG employees will have access to below-market average mortgage rates through the two lenders – though the actual rates remain undisclosed as they will be based on each borrower’s circumstances.

In addition to lower mortgage rates, each employee will also be offered discounted travel insurance, access to a private banking relationship manager and a range of preferential products and services.

Clydesdale Bank and Yorkshire Bank won a tender process run across the banking industry and have now set up dedicated 24-hour helplines for KPMG staff.

KPMG UK chairman Simon Collins says: “We are delighted that we have been able to negotiate access to a dedicated range of products and services with Clydesdale Bank & Yorkshire Bank on behalf of our employees. 

“While a successful application very much depends on an individual’s circumstances, we hope that this offer will help our staff struggling to make home ownership a reality.”

Clydesdale and Yorkshire Bank director of business and private banking Paul Shephard says: “We aim to provide the highest standards of service to all of our customers; a commitment we know is also shared by KPMG.

“This is an exciting opportunity for us as a bank to deepen relations with a large professional services firm and we look forward to welcoming employees of KPMG to Clydesdale and Yorkshire Bank.”

Recommended

FCA-Building-Blue-Sky-700x450.jpg

Bank of Scotland most complained about lender

Bank of Scotland has topped the FCA’s list of most complained about mortgage lenders in the first half of the year. According to figures published today by the FCA, BoS had 16,204 mortgage complaints made against it in the first half of 2014, a 39 per cent increase on the 11,624 complaints it received a […]

Numbers-700x450.jpg

Jobless total falls again to 6.2%

Unemployment fell again to 6.2 per cent in the three months to July with nearly 500,000 more people finding work in the last 12 months. Office for National Statistics’ data, published last week, shows there were 2.02 million unemployed people during the period, down from 2.08 million in the three months to June 2014. The […]

Robert-Sinclair-700.jpg

AMI head of policy to join FCA

Association of Mortgage Intermediaries head of policy Alex Revell is leaving to join the FCA as a senior associate within the regulator’s sector support team. Revell, who is expected to leave the trade body in November, has worked on policy analysis at AMI for the past five years. The trade body says it is currently […]

Cover24Sept2014

Leader: ‘Better Together’ holds true

After months of fierce campaigning, the push for Scottish independence is over, with a resounding victory for the No campaign. The campaign itself had been a huge success in that it had truly captured the imagination of the public – whether you live in Scotland or not. In fact, an estimated 84 per cent were […]

Newsletter

News and expert analysis straight to your inbox

Sign up