Mortgage approvals up at 40,000 compared to just 9,270 in May

“Net mortgage lending grew by £1.9bn in June, just ahead of economists’ forecasts of a £1.8bn increase.” https://www.theguardian.com/business/live/2020/jul/29/stocks-struggle-ahead-of-us-federal-reserve-decision-covid-19-business-live?page=with:block-5f2133e48f080d953ea86a35#block-5f2133e48f080d953ea86a35 read more

Mortgage product numbers rise 9.3% to record high

"The number of mortgage products available on the market has risen by 9.3% over the last 12 months to a new record high of 14,437, according to the latest figures from Mortgage Brain." https://www.financialreporter.co.uk/mortgages/mortgage-product-numbers-rise-93-to-record-high.html read more

RBS to re-brand as Natwest Group

Around 80% of the Group's customers currently use NatWest products or services. Names of individual NatWest and RBS branches will remain the same and the name change is not expected to result in any job cuts across the group. Around 80% of the Group's customers currently use NatWest products or services. https://www.financialreporter.co.uk/finance-news/royal-bank-of-scotland-to-rebrand-as-natwest-group.html read more