Improvements in the mortgage market stalled during the second half of June as lenders remained cautious about the state of the economy, research indicated today.
"Brand new customers only" was once the comical slogan used to mock banks and building societies that hiked existing customer charges while lowering those for newbies.
Yorkshire and Chelsea building societies have today unveiled a deal to join forces to create a "second major force" in the mutual sector behind Nationwide.
UK building societies have insisted they are still a safe haven for savers, despite a raft of major mutuals having their financial strength called into question this week.
17 April 2009
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