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Woolwich competes with rivals by cutting mortgage rates

Woolwich has joined the battle for mortgage customers, slashing home loan rates by up to 0.80%.

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West Brom issues market-leading 10 year mortgage

The West Bromwich Building Society is to run toe-to-toe with Barclays in the market for long-term mortgages.

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Mortgage rules have added 'weeks' to the application process

New mortgage rules introduced earlier this year to cut out irresponsible lending have added weeks to the application process, firms have said.

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TSB attracts one in 10 new customers

TSB's market-leading current account is attracting thousands of customers from high street rivals.

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Credit cards to be authorised by fingerprint

The problem of forgetting your PIN number could soon be consigned to the past, as new credit card technology is set to authorise transactions via fingerprint.

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Interest and rewards landing banks new customers

High interest and rewards are still tempting customers towards switching their bank account, according to statistics released this week.

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Nationwide launches FlexOne current account for teenagers

Nationwide has launched a new bank account for 11 to 17-year-olds that offers an enticing combination of interest and discount on cinema tickets.

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Mortgage war intensifies as housing market cools

The war for mortgage customers continues in earnest amid fears that the property market is beginning to slow down.

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Competition authorities announce current account inquiry

The UK's competition regulator has announced a full inquiry into the market for current accounts and small business banking.

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Mortgage lenders pressing home low-rate advantage

Mortgage lenders are continuing to wage war for new custom, as the housing market shows further signs of slowing down.

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Lloyds Bank offers market-leading low rate credit card

Lloyds Bank and its subsidiary brand, the Bank of Scotland, have launched a new low-rate credit card that will keep the costs of servicing debt much lower for customers.

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FirstSave launches new bond as savings rates plummet

FirstSave has launched a new 18 month bond paying 1.90%, which enters just below the market leading product in its sector.

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Payday lending industry in jeopardy after new price caps announced

The future of the payday lending industry is under threat after the City watchdog announced a series of price caps on loans and charges.

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Mortgage rates spiral to record lows

Lenders have responded to low inflation by slashing mortgage rates to rock-bottom, according to new Bank of England data.

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Challenger banks turn the tide on free banking

The banking industry could be set for major changes after two of the newest current account providers suggested that 'free banking' is a complete misnomer.

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Mortgage hunters using brokers to combat unpredictable lenders

Increasing numbers of homeowners are turning towards brokers to secure a mortgage as conditions become more difficult for lenders.

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Further Pain: RBS faces further fine for major IT glitch

The Royal Bank of Scotland is to face further punishment for a major system crash in the summer of 2012 that left customers high and dry.

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Brits spend less, but use cards more

Brits are using their credit cards more for retail purchases, despite a fall in the level of spending.

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Peer-to-peer ISAs face postponement until after 2015 election

The introduction of peer-to-peer funds within tax-free ISA accounts may be delayed until beyond the next election, according to the sector.

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New mortgage rules stifling middle-age borrowers

Mortgage lenders are complaining they are powerless to help older buyers because of the new rules introduced earlier this year.

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