M&S Bank on Friday announced it is taking on the main high street banks and lenders by launching its first mortgages early next year. M&S Bank has announced no firm date for the launch yet – all it is saying is “early in 2018”. M&S mortgages will be available directly from the banking arm and via brokers. The move means M&S Bank will be a “full-service bank” - it already offers current accounts, credit cards, loans, savings accounts, general insurance products and travel money. There are 29 in-store M&S Bank branches, and it services almost 4 million customers.

Source: The Guardian October 20, 2017 06:00 UTC