The Royal Bank of Scotland’s Lending!
The Royal bank of Scotland (RBS) required a £45.5 billion public funded bailout back in October 2008, meaning that the government now own 84 per cent of the bank.
In recent months it seems that the current strategy for returning RBS to the private sector has failed and many MP’s therefore believe that the government should consider the possibility of splitting the lender into a good and bad bank. Read more
We all know how much we panic when we hit the wrong button on the computer, it does not however usually result in messing up the finances of millions.
This is what happened just recently when technicians at Natwest tried to update the banks software and it then failed, so did attempts to go back to its original version, therefore causing a huge volume of transactions to not be completed. Read more
According to leading analysts the Royal bank of Scotland (RBS) is one of the most ‘vulnerable’ banks in Europe.
The latest figures from the Royal bank of Scotland (RBS) have shown that their share of the mortgage market has almost halved in the past year. The lender had a14% share of gross mortgage lending in the third quarter of 2010 however this has now fallen to just an 8% share in the third quarter of 2011. Read more
The Royal Bank of Scotland Group is still reeling form the effects of their disastrous last few years which saw it become mostly UK Government owned and sighted as one of the biggest failures in responsible lending. Read more
The Royal Bank of Scotland Group Plc (RBS), Brittan’s biggest state run bank, is taking the notable first step of its kind and releasing £4.7 billion or $6.1 billion in securities backed by mortgages since the financial crisis began in 2008. These will be released back into the UK residential lending market. Read more
With the Bank of England at an all time low of 0.5%, Banks and Building Societies standard variable rates (SVR) are some of the most affordable mortgages around. Because of this borrowers are remaining on their lenders standard variable rate (SVR) at the end of their current mortgage term. Read more