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The Latest Breaking News from Santander

Santander cuts mortgage rates but experts warn price war ‘won’t last’

The UK’s top lenders have been cutting mortgage rates after they rose dramatically from May to July, with all of the “Big Six” having cut prices on multiple occasions

Evening Standard

‘I’m thousands of pounds out of pocket after being scammed on Facebook Marketplace’

Beauty therapist Lucy Fletcher forked out £3,600 for a new office space, which was never delivered by the seller

The Independent UK

Santander to cut selected mortgage rates from Monday

Halifax, NatWest, First Direct, HSBC UK, Nationwide Building Society and TSB have also been among the lenders to announce mortgage rate reductions.

The Independent UK

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Should I overpay my mortgage monthly or with a lump sum at the end of each year?

I have a five-year fixed-rate deal, just missed the rising interest rates and want to plan for an uncertain future

The Guardian - UK

2 Auto Parts Stock With Huge Profit Potential, 1 To Get Rid Of

The auto parts industry is poised for a promising future due to the integration of advanced technologies. However, prevailing macroeconomic uncertainties could create short-term challenges. Amid this, it could be wise to invest in two fundamentally sound auto stocks, Garrett Motion (GTX) and Ituran Location and Control (ITRN). However, the…

StockNews.com

Santander Closes Accounts Of Customers Who Paid Cash For Cars In Argentina

The bank considered the transactions suspicious even though they were approved by the AFIP.

Motor1

Credit cards: new UK rules could mean end of O% interest deals

Regulations could allow wider access to online-only bank accounts – but no-fee balance transfer deals may have to go

The Guardian - UK

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Top 3 Bank Stocks in a B-Rated Industry

The regional banking collapse continues to cause economic concern despite the Fed’s efforts to strengthen the system's resilience. Thus, it could be wise to venture beyond national borders and invest in robust stocks Banco Santander (SAN), Banco Bilbao Vizcaya Argentaria (BBVA), and KB Financial Group (KB) that belong to the…

StockNews.com

Average 5-year fixed-rate mortgage hits 6.3 per cent deepening UK’s home loan misery

Britain’s home loan misery was growing on Friday as the average five-year fixed-rate mortgage hit 6.3 per cent.

Evening Standard

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

The Independent UK

UK mortgage payers must brace for even higher borrowing costs, IMF warns

International Monetary Fund backs Bank of England on whatever tough action needed to control inflation

The Guardian - UK

The LOWEST interest rates offered to savers by banks - from Santander, to Natwest and Barclays

Bosses at some of the UK's biggest banks, Lloyds, HSBC, NatWest and Barclays are to face questions by the Financial Conduct Authority (FCA) this week on the speed it passes on the rate rises to savers

Daily Mirror

This new Android malware is draining bank accounts across the world - here's what you need to know

Major banks including Santander, BBVA, CaixaBank, Deutsche Bank, Crédit Agricole, and ING hit by malware.

TechRadar

‘Absolute carnage’ as High Street lenders including Halifax and Santander lift mortgage rates once again

Halifax told brokers last night that its rates for remortgages were going up as much as 0.54%

Evening Standard

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The Guardian - UK

Two and five-year fixed-rate mortgages in UK at highest level for seven months

Data from Moneyfacts shows average cost of two-year deal now at 6.23%, with five-year at 5.86%

The Guardian - UK

UK mortgage holders to get 12-month grace period before repossessions after sharp rate hike – as it happened

Chancellor met with lenders to discuss what they can do to support struggling households

The Independent UK

Jeremy Hunt to meet with lenders as mortgage crisis worsens with rates hike

The Chancellor will meet with banks including HSBC and Santander.

Wales Online

Lloyds, Barclays, Halifax, HSBC: All the variable mortgage rates right now as interest rates to rise for 13th time

Some banks will be increasing their rates in a few weeks

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news in one place.

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Daily Record

Santander launches new current account offering up to £30 cashback each month

The new Edge Up current account offers 1% cashback on selected monthly bills paid by direct debit.

Manchester Evening News

Santander axes popular current account as new product launched with £30 a month perk

Some Santander customers will be given the option to switch to the new account while keeping all their old details

Daily Mirror

Santander axes popular current account - and replaces with new product

In its place, Santander has launched a new current account - the Santander Edgue Up - which offers cashback and other perks

Liverpool Echo

Santander axe key accounts after ten years

The bank is removing several accounts from sale today

The Independent UK

Santander launches new current account offering up to £30 cashback per month

The launch comes as the bank said its existing 123, Select, and Private current accounts are being removed from sale.

Daily Mirror

Over half of Brits wish they had been taught more about savings and pensions in school

Three-quarters of Brits feel their financial education was 'inadequate' - or even non-existent - and feel this has impacted their ability to navigate the cost-of-living crisis

Daily Mirror

Mortgage mayhem explained: Why are rates rising and what should you do now?

Mortgage rates are rising, spelling more misery for millions of homeowners across the country - but why are deals getting more expensive and what should you do next?

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