Clydesdale and Yorkshire Banks apologise for mortgages mistake
by Richard Kilner
Story link: Clydesdale and Yorkshire Banks apologise for mortgages mistake
Clydesdale and Yorkshire Banks have mailed 18,000 variable rate mortgage customers to apologise for a miscalculation regarding their payments.
The error means that the customers have been underpaying, and will now be required to close the gap between what has been paid and what ought to have been paid.
The banks have apologised for any inconvenience this [...]
Bank customers urged not to reveal card details
by Richard Kilner
Story link: Bank customers urged not to reveal card details
Customers of Clydesdale and Yorkshire Banks have been urged not to give away personal and banking details in response to unsolicited e-mails or telephone calls.
The banks have, following calls from customers, stated they are not associated in any way with Royalty Travels.
Customers of the banks have indicated that Royalty Travels may suggest they have won [...]
Clydesdales profits surge by 16%
by Richard Kilner
Story link: Clydesdales profits surge by 16%
Defying the credit crunch and the slowing of the economy, Clydesdale Bank’s profits have substantially grown, up 16% in the past year.
Compared with last year, the bank sold 20% more mortgages and saw a 25% increase in its business lending.
This is the latest stage in a turn around since more turbulent times. The bank’s owner, [...]
Strong Growth in Offset Mortgage Market
by Gill Montia
Story link: Strong Growth in Offset Mortgage Market
According to Yorkshire Bank, four million borrowers in the UK could collectively save over £29 billion if they switched their mortgage, savings and current accounts to an offset mortgage.
The bank has estimated that four million people run their finances through one bank or building society, which could mean that they lose an average of £11,000 [...]
