Reading Time: 2 minutes UK: UK-based commercial bank NatWest is introducing ‘Airbnb-friendly’ mortgage terms to support borrowers who are struggling to pay loans and bring increased flexibility for customers who are looking to rent out their homes on a short-term basis. Under the new mortgage terms, new and existing NatWest customers will no longer have
Barclays is set to reduce fixed-rate mortgages by 0.27 percentage points Santander slashed its deals by up to 0.16 as Halifax shaved up to 0.19 from rates NatWest has now slashed its rates twice, cutting up to 0.23 percentage points Five of the biggest lenders are in a mortgage rate-cutting war as they fight for
“Global investors are turning their backs on sustainably focused stock funds as poor performance, scandals and attacks from US Republicans hit enthusiasm for a much-hyped sector that has pulled in trillions of dollars of assets,” the FT report said. ESG is not so much an investment bubble as a mirage, one so powerful that, by
Annual growth in spending on rent and mortgages accelerated in May, rising by 6.3%, according to a major bank’s analysis of its current accounts. This was faster than a 3.6% annual rise recorded by Barclays in April. The data was sourced using Barclays current account transactions which were identified as direct debits and bank transfers
File photo of an HSBC bank in Covent Garden (PA Wire) Two of Britain’s biggest mortgage lenders both cut the cost of their fixed rate deals today in a hopeful sign for borrowers and first time buyers. HSBC said that from tomorrow it will be cutting rates across its full range of products although it