Budget announcements were the talk of town this week, with chancellor Philip Hammond slashing stamp duty for first-time buyers and announcing a raft of housing measures. But it was the more difficult industry stories that really stirred readers’ interest.
Sainsbury’s bank attracted attention for shutting down its broker exclusive mortgage range just three weeks after launch.
Inter-generational justice was also a hot topic, with MPs being told that Britain’s biggest lenders are ignoring older borrowers because they can’t be bothered.
And the banning of payday loan directors for reckless negligence also featured in our top ten.
Budget 2017: Hammond slashes stamp duty for first-time buyers
Sainsbury’s Bank axes exclusive broker mortgage deals three weeks after launch
Big six lenders ‘can’t be bothered’ to lend to old people, building society chief tells MPs
Three ‘recklessly negligent’ payday loan directors share 20 year ban
Budget 2017 ‘stealth tax’ to hit millions with endowments and whole of life policies – Royal London
Government urged to guarantee 100% LTV mortgages in Budget – analysis
Directors of credit broker ‘shark that feasted on most financially vulnerable’ banned for 28 years
Santander for Intermediaries appoints three more BDMs
Budget 2017: £44bn committed to support housing market
Atom Bank raises capital to boost mortgage lending following strong growth