It’s been a bit of a bumpy ride this week. The pound has dropped to its lowest since January, stock markets have been more volatile than usual as trade talks between the US and China remain unresolved and, closer to home, we’ve seen another casualty in the mortgage market. Tesco Bank has been lending to […]
Thousands of homeowners could find their Tesco Bank mortgages sold to a third party after it confirmed it has ceased new lending. The supermarket giant’s fully-owned bank will look to sell its mortgage book, having previously lent about £3.7billion to over 23,000 mortgage holders. Tesco blamed challenging market conditions as it closed its doors to new […]
Thousands of Tesco Bank customers could find their mortgage sold to a third party after the bank confirmed it has ceased new lending and will look to sell its mortgage book. The bank, which has lent around £3.7billion to over 23,000 mortgage holders, blamed challenging market conditions as it closed its doors to new lending. […]
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