Mortgages 06/10/08
Cost of borrowing increases, lenders withdraw from the market, closing doors on new business...

Scottish Widows Bank
Fee reduced to £1,499 on VARIABLE TRACKER RATES of 6.39% for 2 yrs...
 
West Bromwich BS
FIXED RATE MORTGAGES with no extended tie ins of 6.29% to 30.6.13 and 30.6.18 withdrawn...
 
Kent Reliance BS
VARIABLE RATE MORTGAGES of 6.49% for 2 years and 7.59% for term withdrawn...
 
Teachers BS
All FIXED RATE MORTGAGES with no extended tie ins withdrawn and replaced with rates increased by 0.20%, w.e.f. 28.5.08...
 
Market Harborough BS
STANDARD VARIABLE MORTGAGE RATE reduced by 0.15% to 7.15%, w.e.f. 1.6.08 for both new and existing borrowers...
 
LV=
EQUITY RELEASE LIFETIME MORTGAGE increased by 0.3% to 6.60%, w.e.f. 27.5.08...
 
Pink Home Loans
New FIXED RATE MORTGAGE with no extended tie-in, via direct submission only: 5.69% to 2.9.13, max 60%, fee £1499, funded by Abbey, w.e.f. 29.5.08...

Premier Mortgage Service
New FIXED RATE MORTGAGE for remortgages only, with no extended tie-in, via direct submission only: 5.79% to 2.9.13, max 60%, fee £1499, with incentives of free valuation and free legal fees, funded by Abbey, w.e.f. 29.5.08...
 
First Direct
FIXED RATE MORTGAGES of 5.76% and 5.99% for 2 years withdrawn and replaced, with rates reduced by up to 0.17%, w.e.f. 30.5.08...
 
Egg
VARIABLE RATE MORTGAGE of 6.79% for term loan-to-value reduced from 90% to 80%...
 
Buy-to-Let
Abbey
END DATE on buy-to-let FIXED RATE extended by 1 month to 2 September, w.e.f. 29.5.08...
 
Cheshire BS
Buy-to-let FIXED RATE for direct business only of 6.19% for 2 years withdrawn and replaced with a product of 6.89% for 2 years and NEW FIXED RATE launched for direct and intermediary business of 6.99% for 5 years, w.e.f. 2.6.08...
 
Savings
Alliance and Leicester
has been hit with a £7mil fine from the FSA after poor telephone advice relating to PPI insurnace sales...
 

Landsbanki
Icesave part of the Iclantic banking arm of Kaupthing has frozen savings account, locking saver out from making withdrawls 6.10.08...
 
Halifax HBOS 06/10/08
Shares drop by 22% as the Treasury fails to come up quickly with a rescue package which would include a stake in the company...
 
Royal Bank of Scotland 06/10/08
Shares in RBS fell by 36% today after news that it has pushed the goverment to make an urgent decision on proving rescue funds...
 
Savings Compensation Scheme 06/10/08
Increases from 35K to the first 50K of savings or 100K on joint acccounts...
 
Shared or Single Banking Licence
Your money may not yet be safe, ask your savings bank if they are a sheared or single licened bank, as the answer could mean your savings are not as safe as you thought...
 
HERITABLE BANK has suspended the opening of new savings products w.e.f. 7.10.08 ..
 
Offshore
Yorkshire Guernsey Ltd
ROLLOVER BOND rate for June will be 6.30% on maturity...
 
Landsbanki Guernsey
INTERNATIONAL ACCESS, INTERNATIONAL 60 and INTERNATIONAL TRACKER 90 withdrawn and Sterling, US Dollar and Euro versions of EASY ACCESS, INTERNATIONAL 45 and DEFERRED INTEREST launched w.e.f. 29.5.08...
 
Britannia International Ltd
1 YEAR FIXED RATE DEPOSIT Issue 20 withdrawn w.e.f. 30.5.08 and Issue 21 launched increasing by 0.40% w.e.f. 2.6.08 : a one year fixed term account with a minimum investment of £5K paying 6.40% on maturity (6.20% monthly)...
 
Landsbanki Guernsey
Euro and US Dollar 1 Year FIXED RATE BOND launched w.e.f. 29.5.08. Euro 1 Year FIXED RATE BOND: a 1 year fixed term account with a minimum investment of €15K paying 4.75% on maturity. US Dollar 1 Year FIXED RATE BOND: a 1 year fixed term account with a minimum investment of $20K paying 3.00% on maturity. For both bonds: No earlier access or further additions permitted...
 
Irish Nationwide (IOM)
INSTANT QUARTERLY will increase by 0.30% to 6.40% w.e.f. 29.5.08...
 
Current Accounts\Overdrafts
Barclays Bank
FIRST ADDITIONS, ADDITIONS and ADDITIONS PLUS withdrawn and BANK ACCOUNT authorised overdraft rate increased w.e.f. 2.6.08...
 
Barclays Bank
CURRENT ACCOUNT PLUS and ADDITIONS ACTIVE: launched w.e.f. 2.6.08...
 
HSBC
BANK ACCOUNT PLUS: 8% incentive offer withdrawn w.e.f. 1.6.08...
 
Cards
Capital One Bank
CASHBACK MASTERCARD: introductory cashback deal extended...
 
Egg
VISA: introductory purchase and balance transfer deal extended w.e.f. 1.6.08...