Uk Finance

Efforts are under way to help prevent further disruption to the buying and selling of homes across Scotland after Registers of Scotland (RoS) temporarily closed the application record and the UK Government advised home buyers and renters to delay moving unless the new property is empty.

To help home movers impacted by coronavirus, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date, UK Finance has announced.

The spending limit for contactless card payments will be increased from £30 to £45, with a national roll-out beginning from 1 April 2020, UK Finance has announced.

The Scottish Chambers of Commerce (SCC) has said that the additional support measures announced by Chancellor Rishi Sunak are essential if businesses are to survive the COVID-19 outbreak.

UK Finance has appointed Scottish Building Society chief executive Paul Denton to its mortgages board. Mr Denton joins other senior industry figures, including Santander’s Michael Sard, on the product and services board (PSB).

Small and medium-sized businesses (SMEs) in Britain are set to miss out on £3 billion in lost interest over the next year, according to new research.

The amount of money stolen by criminals through bank transfer scams has increased by 40% within a year.

EY ITEM Club has revealed that mortgage approvals fell and consumer credit growth slowed in August. UK Finance reported that mortgage approvals for house prises eased back to back to 42,576 in August from a 29-month high of 43,303 in July, whilst annual net unsecured consumer credit growth edged bac

New HSBC UK research has revealed that over half of Scottish small and medium-sized enterprises (SMEs) believe that fraud attacks are becoming more frequent.