HSBC, Barclays and Yorkshire BS latest to cut mortgage rates

Drop: HSBC is one of three lenders to cut its mortgage rates

Three more mortgage lenders have announced that they will be lowering mortgage rates, marking a new shift towards lower mortgage costs. Barclays, HSBC and Yorkshire Building Society have all cut their rates, after Santander and Halifax earlier this week. Yorkshire BS has reduced its mortgage interest rate by up to 0.2 percentage points. Drop: HSBC … Read more

Warning over ‘free money’ offers from banks as loopholes could leave thousands missing out

SWITCHING BANK REGISTRATION has traditionally been an easy way to earn free money. Banks regularly offer incentives worth hundreds of pounds to new customers who switch to them for a set period. There are currently four deals active. Banks are imposing increasingly strict requirements on savers to get free moneyCredit: Getty – Contributor The offers … Read more

Nationwide, HSBC and Virgin Money urged to ‘guarantee compensation for losses’ over banking app outages

Banks and building societies must “ensure that customers affected by the current disruptions to online and mobile banking are compensated”, according to a leading consumer watchdog. Which? is urging major financial institutions to take action after customers of HSBC, Nationwide Building Society and Virgin Money were left unable to receive “pension payments” and wages due … Read more

HSBC banking app is down, leaving thousands of customers unable to access their accounts

HSBC’S online banking and app has fallen causing thousands of customers to lose access to their accounts. Customers complain about problems with mobile banking, online banking and logging in. HSBC’s online banking and app have gone offline for thousands of peopleCredit: Reuters According to DownDetector, more than 6,000 people have reported problems with their HSBC … Read more

HSBC, Barclays and NatWest cut mortgage rates, while Bank of England rate cut seems ‘optimistic’

HSBC, Barclays and NatWest are among the big major lenders cutting mortgage rates as experts say ‘things are looking much more optimistic’. The Bank of England will cut the base interest rate. Interest rates have remained relatively high following the central bank’s decision to raise the UK base rate as it battles to bring down … Read more

Barclays, HSBC and NatWest have cut mortgage rates

HSBC has announced a wave of interest rate cuts from tomorrow Barclays has cut fixed rates for homebuyers, including the best new purchases NatWest has cut rates for people refinancing – including some best buys Three major lenders have cut mortgage rates, which could mark the start of a downward shift in home loan pricing. … Read more

The Swiss regulator rules that HSBC has violated money laundering rules

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The Swiss financial regulator has banned HSBC’s Swiss private bank from taking on prominent public figures as clients after finding the lender had breached anti-money laundering regulations. Finma has imposed a series of fines on … Read more

Shares in Lloyds, Natwest and HSBC rise as Reeves looks to rule out a Labor raid on lenders

Wednesday, June 12, 2024 1:42 PM Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Shares of Britain’s major banks were among the biggest gainers in a broader market rally on Wednesday. Banks breathed a sigh of relief after Rachel Reeves appeared to … Read more

Best savings accounts of the week: Brits called to ‘check out’ deals as 7% interest rate was up for grabs

Bank customers are reminded to ‘watch’ the interest rates on their savings accounts. Experts from Moneyfactscompare have put together a list of the best savings accounts for this week. The Bank of England’s base rate has held rates at a 16-year high since it was raised to 5.25 percent last August GB NEWS Rachel Springall, … Read more