Tag: lender

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UK lender allows homebuyers to borrow seven times salary

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A mortgage lender is letting homebuyers borrow up to seven times their income – well above the traditional maximum – which it says will allow some to buy a property they might have assumed was well out of their price ...

Homebuyers offered 40-year fixed-rate mortgage by UK lender

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A mortgage offering fixed monthly payments for 40 years was launched this week – and it could mean that some homebuyers will be able to borrow more money than with a standard deal. The Flexi Fixed for Term deal from ...

Hopes for UK steel as Liberty owner enters talks with US lender

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The owner of Liberty Steel is in talks with the US lender White Oak Global Advisors over a refinancing deal that could help end months of stop-start operations at UK steel plants. GFG, the metals group run by the indu...

Administrators cut 440 jobs at collapsed lender Greensill Capital

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Nearly 450 jobs have been lost in London and Cheshire at Greensill Capital, the controversial lender advised by David Cameron, which collapsed into administration last week. It is the first set of UK job losses linked...

Doorstep lender Provident Financial reveals FCA investigation

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The doorstep lender Provident Financial has said it could put its consumer credit division into administration unless borrowers agree to a scheme that will sharply reduce compensation payments for customer complaints....