Metro Bank is up for sale

Metro Bank has put itself up for sale, inviting potential buyers to make offers for the entire business. The bank made a stock exchange announcement on (12 November that it had begun a formal sale process, appointing Morgan Stanley to handle approaches from interested parties.…

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Vernon overhauls JBSP as Loughborough launches £1,000 cashback on shared ownership

Vernon Building Society has revised its JBSP mortgage criteria, while Loughborough Building Society has launched a shared ownership remortgage deal offering £1,000 cashback. Under the Vernon’s criteria change, mortgage terms can now extend beyond borrowers’ intended retirement age. There is no maximum age for capital-and-repayment…

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