Provident Financial has reported that adjusted profit before tax fell by 22.6% year-on-year to £115.3m in H1 2017 compared to £148.9m in 2016 following disruption from the migration of its home credit business to a new operating model. Vanquis Bank, Moneybarn and...
Lenders, brokers, academics and other property commentators are calling on regulators to allow the return of 100% mortgages, which were withdrawn after 2007-2009 banking crisis. Many believe that 100% mortgages represent the only way for younger borrowers who do not...
Atom Bank has launched a five-year fixed-rate for remortgagers at 1.59% (60% LTV, £900 fee). The deal comes with a free valuation and free legal work. The bank is also offering a two-year remortgage deal at 1.09% (60% LTV, £900 fee) Aire, an AI-based credit scoring...
Atom Bank has launched a five-year fixed-rate for remortgagers at 1.59% (60% LTV, £900 fee). The deal comes with a free valuation and free legal work. The bank is also offering a two-year remortgage deal at 1.09% (60% LTV, £900 fee). Aire, an AI-based credit scoring...
Just Eat has partnered with Funding Circle to offer loans of up to £60,000 to the 30,000 UK restaurants servicing its takeaway app Santander has said it is confident it will recover lost ground after it slipped from third to fourth in the CML’s 2016 gross lending...
Boston Consulting Group and the Association for Financial Markets in Europe have warned that Europe’s SMEs will be the biggest losers if banks face significant restructuring costs and extra capital requirements from a hard Brexit. Their research found that UK-based...
