Tesco Bank calls time on mortgages - thousands affected

22 Mai, 2019, 06:39 | Auteur: Auguste Feret
  • Tesco Bank Suspend Online Payments As Money Is Taken From Accounts

Tesco Bank, which entered the mortgage market seven years ago, said that "challenging market conditions" were behind its decision to stop issuing new mortgages and sell its existing portfolio.

Gerry Mallon, chief executive of Tesco Bank, said: "In recent years, challenging market conditions have limited profitable growth opportunities".

The bank announced on Tuesday that it had ceased new mortgage lending and was actively exploring options to sell its existing portfolio, which has total lending balances of £3.7 billion. "Our priority in any sale, is to complete a commercially acceptable transaction with a purchaser who will continue to serve our customers well".

Olivier Giroud prolonge avec Chelsea — Officiel
L'option d'une année supplémentaire présente dans son contrat a été activée. " Je suis vraiment très heureux de signer ce nouveau contrat.

Trump tells Pentagon chief he doesn’t want war with Iran
Washington has deployed an aircraft carrier group and B-52 bombers to the region against what it claims is an imminent threat from Tehran.

Severe weather: Flash floods, rescues follow twisters, rain in Southern Plains
Many homes and business turned into piles of rubble in a matter of moments, but it's not just tornadoes that's causing hazards. School districts across Oklahoma have cancelled classes on Monday in anticipation of the storm.

Uncertainty over Britain's exit from the European Union has prevented interest rate hikes that could have boosted loan margins, while a glut of new banks and rules pushing established players to lend more have increased the supply of mortgages.

Tesco Bank, which started offering mortgages in 2012, has more than 23,000 mortgage customers.

The shift comes after PA revealed this month that Tesco Bank has quietly dropped its travel insurance offer, following the likes of John Lewis.

Conseillé:

  • LNH Le tête-à-tête entre Dorion et Roy a eu lieu

    LNH Le tête-à-tête entre Dorion et Roy a eu lieu

    D'après le quotidien Ottawa Sun , les parties concernées se rencontreront la semaine prochaine. Parmi eux, Martin (1996-2004) et Bowness (1992 à 1995) ont déjà été aux rênes de l'équipe.
    Packers QB, Actor Aaron Rodgers Eviscerates Game of Thrones Ending

    Packers QB, Actor Aaron Rodgers Eviscerates Game of Thrones Ending

    Look, I love the opportunity to be in the show, which most people probably don't think I was, but I was there. Weiss were more focused on their upcoming " Star Wars ", project than closing things out on "Thrones".

    Sea Levels Likely To Witness 2-Metre Rise By 2100, Says Study

    It would also pose an "existential threat" to small island nations in the Pacific which would be left pretty much uninhabitable. The vast ice sheets of Greenland and Antarctica contain enough frozen water to lift the world's oceans dozens of metres.
  • Tampa Bay Rays vs

    Tampa Bay Rays vs

    It's insane ", Voit said. "The kid has just been unbelievable, and every time there's a big situation, he just comes through". Sabathia earned a five-game suspension near the end of last season for intentionally hitting Rays catcher Jesus Sucre .
    Celine Dion Is Absolutely Magical in New Carpool Karaoke

    Celine Dion Is Absolutely Magical in New Carpool Karaoke

    Within seconds, she is starting her own singalong of " My Heart Will Go On " and responding to his questions in song-form. Dion reluctantly revealed she had way too many, with Corden saying he'd heard she had about 10,000 pairs.
    DHS warns of data threat from Chinese-made drones

    DHS warns of data threat from Chinese-made drones

    DJI refuted the report but pushed out Local Data Mode, which allowed users to fly drones without an internet connection. There is no new public evidence available to support the American claim of Chinese spying enabled by DJI.
  • EMILY VAN CAMP & DANIEL BRUHL in Talks for FALCON & WINTER SOLDIER Return

    EMILY VAN CAMP & DANIEL BRUHL in Talks for FALCON & WINTER SOLDIER Return

    Deadline is reporting that Daniel Bruhl and Emily VanCamp are in negotiations to join the six episode miniseries as well. Like the rest of the Disney+ Marvel shows, it doesn't have an official release date.
    Sony compare les chargements PS5 et PS4 Pro en vidéo

    Sony compare les chargements PS5 et PS4 Pro en vidéo

    Aujourd'hui, Sony a partagé une vidéo qui compare le temps de chargement de la PlayStation 5 par rapport à la PlayStation 4 Pro. Le constructeur japonais promet une expérience immersive pour sa PS5 et un service de jeu en streaming plus évolué.
    Marc Marquez obtient la pole et chute — MotoGP

    Marc Marquez obtient la pole et chute — MotoGP

    Avec cette victoire, Marc Marquez (95 points) se donne un peu d'air au classement provisoire du championnat du monde. Sitôt après avoir réalisé son meilleur tour, Marquez avait chuté en tirant tout droit dans le bac à gravier.
  • Prébarrage Ligue 2 : le RC Lens décroche son billet pour jouer l’ESTAC

    Prébarrage Ligue 2 : le RC Lens décroche son billet pour jouer l’ESTAC

    Une séance qui a souri aux Lensois qui se sont imposés 4-5 avec le dernier tir au but converti par Guillaume Gillet . Le Paris FC accueille le RC Lens pour l'une des rencontres les plus importantes de la saison pour les deux équipes.
    Emery: Mbappe wanted to go to Real Madrid with his eyes closed

    Emery: Mbappe wanted to go to Real Madrid with his eyes closed

    The Arsenal boss said he had to convince the player to stay in Paris while he was managing the club. I hope that can perhaps be at Paris Saint-Germain, that would be a great pleasure.
    McDonalds stops sales of milkshakes and McFlurries amid Brexit rally

    McDonalds stops sales of milkshakes and McFlurries amid Brexit rally

    There were concerns protesters might throw milkshakes and ice creams at the far-right politician and his supporters. He is now being investigated by police over comments speculating about whether he should rape a female MP.


Populaire

Onze morts lors d'une fusillade dans un bar au Brésil
Ils ont tué six femmes, dont la propriétaire du bar, et cinq hommes, selon la police militaire. Les responsables ont déclaré que presque tous avaient reçu une balle dans la tête.

Lil Nas X Drops Star-Studded 'Old Town Road' Video
On the song, Billy Ray sings, "Baby's got a habit: diamond rings and Fendi sports bras/Ridin' down Rodeo in my Maserati sports vehicle ".

Pete Buttigieg Takes Extreme Position on Abortion During Fox News Town Hall
A veteran, he said the "hostile takeover of the Republican Party" by Trump makes the 2020 election particularly important. In response, Fox News Senior Vice President Bill Sammon issued a statement urging the DNC to reconsider.

I Passed Drug Test Using Fake Penis, Lamar Odom Reveals
Cape Town - It's been four years since a drug overdose at the Love Ranch Brothel almost claimed his life. To get the pee to come out of the tip, I had to squeeze the shaft repeatedly, ' Odom writes.

‘Black Mirror’ Shares Trailers for Every Episode of Season 5
Next up, we have Striking Vipers which features Anthony Mackie ( Altered Carbon ) and Yahya Abdul-Mateen II ( The Get Down ). Below, fans can watch teases for " Smithereens ", " Rachel, Jack, and Ashley Too ", and " Striking Vipers ".

Bank staff flagged Trump, Kushner transactions for watchdog -NYTimes
Both congressional and state authorities are looking into the links between Trump and Deutsche. Officials at Kushner Cos were not available to Reuters for independent comment.

What AOC and two presidential candidates thought of 'Game of Thrones' finale
Martin - the author of the books on which the show was based - has identified himself as a feminist. Sansa, although not the queen of Westeros in the end, did maintain her title as Queen of the North.

Update On Ashley Massaro’s Cause Of Death
She retired from wrestling in 2008, but announced in March that she was returning to the ring. An attorney for Massaro told the New York Post that Massaro's brain may be donated to Dr.

Author: 'Game of Thrones' finale was ending, also beginning
Nobody is retiring any time soon ... "'Cause I know how much work was put into this". "How about this? I'll write it". He also reminded viewers that there are many differences between the books and the show.

Mkhitaryan to miss Europa League final
The Spaniard said at his press conference: "It's bad news, but I can not do anything about this issue. "It's the kind of game that doesn't come along very often and I admit, it hurts a lot to miss it".