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Sainsbury’s to phase out retail banking business

The supermarket plans to wind down it banking division to focus on its food business.

  • Jan 18, 2024
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Top 10 most read mortgage broker stories this week – 18/08/2023

Mortgage lenders, including Paragon, Barclays and Natwest, cutting mortgage rates across t...

  • Aug 18, 2023
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The Co-operative Bank agrees to buy Sainsbury’s Bank mortgage portfolio

The Co-operative Bank has reached an agreement to acquire Sainsbury’s Bank’s mortgage ...

  • Aug 14, 2023
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The Co-operative Bank no longer in talks for Sainsbury’s Bank mortgage book – reports

A Sky exclusive has revealed that talks between The Co-operative Bank and Sainsbury’s Ba...

  • Mar 07, 2023
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Nationwide in talks to acquire Sainsbury’s mortgage book

Nationwide has confirmed it is holding discussions to acquire Sainsbury’s Bank mortgage ...

  • Mar 02, 2020
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Top 10 most read mortgage broker stories this week – 24/01/2020

Regulatory affairs were the focus this week as many of the most read stories on Mortgage S...

  • Jan 24, 2020
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MP tells Sainsbury’s Bank not to sell mortgage book to unregulated lender

Sainsbury’s Bank has been asked by a Conservative MP not to sell its mortgage loan book ...

  • Jan 20, 2020
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Sainsbury’s Bank taking bids on mortgage book – reports

Sainsbury’s Bank is taking bids for the sale of its £1.9bn mortgage book, according to ...

  • Dec 12, 2019
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Brokers praise Sainsbury’s but fear more lender casualties

Brokers have praised Sainsbury’s mortgage offering, noting that it “will be missed”,...

  • Sep 25, 2019
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Sainsbury’s guarantees existing offers on mortgage lending exit

Sainsbury’s Bank has ceased offering new mortgages immediately, it confirmed in a tradin...

  • Sep 25, 2019
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