Rbs
This is the Mortgage Solutions weekly talk back page where we replay the best comments on the website.
Nationalised lender Royal Bank of Scotland (RBS) is to repay the final tranche of the £163bn in emergency loans during the financial crisis and continue paying dividends on its preference shares.
The SVR hikes bought in by Halifax, Co-operative Bank and Yorkshire and Clydesdale banks today could cost borrowers £300m in extra mortgage repayments over the next year, research has found.
Other Rbs articles
HSBC is set to raise its LTV on new-build lending to 85% from 75% as its head of lending suggested the market was shaping up with better surveying practices producing more "stable valuations."
Approximately 1m householders will have their mortgage repayments upped by an average of £630 a year after several lenders' increase their SVRs next month.
Average mortgage rates for two-year fixed, five-year fixed and two-year trackers have risen this month, research has shown.
The Financial Services Consumer Panel (FSCP) has called for the regulator to introduce a new rule immediately to help mortgage prisoners and stop penalising equity poor borrowers with high lending rates.
RBS could start paying dividends to preference shareholders again later this year, which could lead to a £400m capital raising, a report has suggested.
In case you missed anything, here is a rundown of the biggest stories from last week.
Government body UK Financial Investments is in talks to sell £10bn worth of RBS shares to a consortium of investors led by Sheikh Mansour, the owner of Manchester City Football Club.
The Royal Bank of Scotland (RBS) is to restrict its interest-only lending to borrowers with a minimum income of £50,000 and who have banked with it for a minimum of three months.
The UK government is in advanced talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi.
Former directors of failed banks could be banned from taking lucrative jobs in the City under plans being drawn up by the regulator.
Most read articles
Updating your subscription status
Latest jobs
Job of the week
Search jobs
Reasons to be Cheerful
It's not all doom and gloom out there in the mortgage industry, so click here for a dose of cheer.
Advisers at risk from ‘no-money-down' buy to let deals - expert
How top 'referral getters’ do it
More networks contemplate Abbey fast-track exit
Only 400 homes reserved through NewBuy scheme
FSA approves first regulated residential property fund