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Secure Trust Bank Commercial Finance Funding passes £4bn mark

News has just emerged that Secure Trust Bank Commercial Finance has funded an additional £1bn worth of customer invoices in the last year and in doing so, bringing its total amount lent in excess of £4bn. The Commercial Lending team is the commercially focused arm...
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Finance

Lloyds buys Tesco Mortgages loan book in £3.8bn deal

Lloyds Banking Group has eased the anxiety of 23,000 Tesco Mortgage customers after they agreed to buy Tesco Bank’s mortgage book in a £3.8bn deal. The news that Tesco Bank was to abandon the mortgage market broke in late May...
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Business Chamber - UK Mortgage News
Finance

UK Mortgage Market Outlook

The UK mortgage market, like most around the world, has seen unprecedented turmoil over the last year so what is the current UK mortgage market outlook as we head towards Q4 of 2023? As the cost of living crisis, high inflation, 14 consecutive Bank...
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