M&S Bank moves into mortgages - News Summed Up

M&S Bank moves into mortgages


M&S Bank has 29 branches and more than 120 bureaux de change in Marks & Spencer stores across the country Rex FeaturesMarks & Spencer Bank will start offering mortgages from next year, describing the move as the final step in its “transition from a financial services provider to a full-service bank”. M&S Bank, which launched in 2012 as a joint venture between Marks & Spencer and HSBC, has four million customers and offers credit cards, loans and current accounts. The mortgages will be targeted at both first-time buyers and movers, with rates to be announced next year. Andrew Hagger, personal finance expert at Moneycomms, said M&S Bank was keeping pace with rivals. “Tesco Bank launched mortgages in…


Source: The Times October 20, 2017 07:41 UTC



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