OakNorth has revealed it has lent over £710m to entrepreneurs since launching in September 2015. The bank has lent over £430m so far in 2017 and says it has another £700m-worth of deals in the pipeline ONS has reported that annual house price inflation slowed slightly...
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...
New payday loan regulations come into force today, requiring all online lenders to advertise on at least one price comparison website and display ‘prominently’ a link on their own websites to a price comparison site. The move follows an investigation by the CMA,...
What you need to know The Financial Conduct Authority (FCA) said businesses borrowing money and lending it out must have permission to “accept deposits” — which is a feature of the banking sector. Any company borrowing and lending onwards without correct regulatory...
