New Look in crunch talks with lender amid growing concern over the high-street’s ability to recover once lockdown restrictions are lifted Group has been thrashing out terms on an £80m loan facility with its bank The company must renegotiate the terms of the trade credit facility by 30 June By Neil Craven for The Mail … Read more
Britain’s largest guarantor lender Amigo Loans is being investigated by regulators over its lending practices. In an announcement to the London Stock Exchange, Amigo said the Financial Conduct Authority launched an investigation on 29 May into ‘whether or not Amigo’s creditworthiness assessment process, and the governance and oversight of this, was compliant with regulatory requirements.’ … Read more
We’ve exchanged contracts on a property but I’m worried about job security – can the lender withdraw its mortgage offer? By Will Kirkman For Thisismoney.co.uk Published: 07:43 BST, 28 May 2020 | Updated: 07:43 BST, 28 May 2020 We’ve exchanged contracts on a property but I’m worried about my job. I haven’t been furloughed, but … Read more
Home sellers will be able to use smartphones, cameras or laptops to capture and share high-resolution photographs and video footage of their property with a chartered surveyor, under plans seen exclusively by This is Money. One company has come up with a system that allows homeowners to give chartered surveyors a virtual tour of their … Read more