Retail giant Marks & Spencer's banking arm has announced plans to launch a mortgage range for first-time buyers and home movers.
The firm plans to roll out its first mortgage products early next year, subject to regulatory approval, The Telegraph reported. M&S Bank chief executive Sue Fox said: "Many of our customers have shopped with M&S their whole lives, feeling the comfort of the brand at every key life event. "We're now in a position to support our customers with the biggest financial decision they'll ever make - their home." M&S Bank launched in 2012 and now has four million customers. It offers credit cards, loans and current accounts. The bank has its roots in the financial services divis...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes