Halifax Building Society Mortgage Calculator
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Lender Panel List December 2019
Threemo - Available Lender Panels (16/12/2019) Accord (YBS) Amber Homeloans (Skipton) Atom Bank of Ireland (Bristol & West) Bank of Scotland (Lloyds) Barclays Barnsley Building Society (YBS) Bath Building Society Beverley Building Society Birmingham Midshires (Lloyds Banking Group) Bristol & West (Bank of Ireland) Britannia (Co-op) Buckinghamshire Building Society Capital Home Loans Catholic Building Society (Chelsea) (YBS) Chelsea Building Society (YBS) Cheltenham and Gloucester Building Society (Lloyds) Chesham Building Society (Skipton) Cheshire Building Society (Nationwide) Clydesdale Bank part of Yorkshire Bank Co-operative Bank Derbyshire BS (Nationwide) Dunfermline Building Society (Nationwide) Earl Shilton Building Society Ecology Building Society First Direct (HSBC) First Trust Bank (Allied Irish Banks) Furness Building Society Giraffe (Bristol & West then Bank of Ireland UK ) Halifax (Lloyds) Handelsbanken Hanley Building Society Harpenden Building Society Holmesdale Building Society (Skipton) HSBC ING Direct (Barclays) Intelligent Finance (Lloyds) Ipswich Building Society Lambeth Building Society (Portman then Nationwide) Lloyds Bank Loughborough BS Manchester Building Society Mansfield Building Society Mars Capital Masthaven Bank Monmouthshire Building Society Mortgage Works (Nationwide BS) Nationwide Building Society NatWest Newbury Building Society Newcastle Building Society Norwich and Peterborough Building Society (YBS) Optimum Credit Ltd Penrith Building Society Platform (Co-op) Post Office (Bank of Ireland UK Ltd) Principality -
Reflections on Northern Rock: the Bank Run That Heralded the Global
Journal of Economic Perspectives—Volume 23, Number 1—Winter 2009—Pages 101–119 Reflections on Northern Rock: The Bank Run that Heralded the Global Financial Crisis Hyun Song Shin n September 2007, television viewers and newspaper readers around the world saw pictures of what looked like an old-fashioned bank run—that is, I depositors waiting in line outside the branch offices of a United Kingdom bank called Northern Rock to withdraw their money. The previous U.K. bank run before Northern Rock was in 1866 at Overend Gurney, a London bank that overreached itself in the railway and docks boom of the 1860s. Bank runs were not uncommon in the United States up through the 1930s, but they have been rare since the start of deposit insurance backed by the Federal Deposit Insurance Corporation. In contrast, deposit insurance in the United Kingdom was a partial affair, funded by the banking industry itself and insuring only a part of the deposits—at the time of the run, U.K. bank deposits were fully insured only up to 2,000 pounds, and then only 90 percent of the deposits up to an upper limit of 35,000 pounds. When faced with a run, the incentive to withdraw one’s deposits from a U.K. bank was therefore very strong. For economists, the run on Northern Rock at first seemed to offer a rare opportunity to study at close quarters all the elements involved in their theoretical models of bank runs: the futility of public statements of reassurance, the mutually reinforcing anxiety of depositors, as well as the power of the media in galvanizing and channeling that anxiety through the power of television images. -
Instructions to Your Bank Or Building Society to Pay by Direct Debit
Instructions to your Bank or Building Society Originator's Identification Number to pay by Direct Debit 88 30 08 Please fill in the whole form and send it to your Halifax branch 1. Name and full postal address of your bank or building society branch To: The Manager bank or building society Address Postcode 2. Name(s) of account holder(s) 5. Halifax reference number (from which funds will be paid) 6. Instruction to your bank or building society Please pay Halifax direct debits from the account detailed 3. Branch sort code on this instruction subject to the safeguards assured by (from the top right hand corner of your cheque) The Direct Debit Guarantee. I understand that this instruction may be retained by Halifax and if so, details will be passed electronically to my bank/building society. 4. Bank/building society account number Signature(s) Banks and building societies may not accept direct debit Date instructions for some types of account. Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Customer Name Address This question only applies to mortgage customers whose household insurance premiums are added to their mortgage account. 7. Would you like your monthly repayment to include one twelfth of your property insurance premium? Yes No Tear-off slip to be retained by Halifax This guarantee should be detached and retained by the payer The Direct Debit Guarantee • This guarantee is offered by all banks and building societies that take part in the Direct Debit Scheme. -
Instruction to Your Bank Or Building Society to Pay by Direct Debit
Instruction to your bank or building society to pay by Direct Debit Please fill in the whole form including official use box using a ballpoint pen and send it to: Service user number Commercial Lending Department, 8 8 8 0 0 9 NRAM, North of England House, 1 Grayling Court, Doxford International Park, For Northern Rock (Asset Management) plc official use only Sunderland This is not part of your instruction to your bank or building society SR3 3BF Name(s) of account holder(s) Branch sort code Bank/building society account number Name and full postal address of your bank or building society Instruction to your bank or building society To the Manager Bank/building society Please pay Northern Rock (Asset Management) plc Direct Debits from the account detailed in this instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this instruction may remain with Address Northern Rock (Asset Management) plc and, if so, details will be passed electronically to my bank/building society. Signature(s) Postcode Reference Date Banks and building societies may not accept Direct Debit Instructions for some types of account. ✂ This guarantee should be detached and retained by the Payer The Direct Debit Guarantee • This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits. • If there are any changes to the amount, date or frequency of your Direct Debit Northern Rock (Asset Management) plc will notify you 14 working days in advance of your account being debited or as otherwise agreed. If you request Northern Rock (Asset Management) plc to collect a payment, confirmation of the amount and date will be given to you at time of the request. -
MBNA General Credit Card Terms and Conditions
MBNA Draft Credit Card Terms and Conditions Please refer to the summary box for product specific information displayed as ‘X’s in this document, for the card(s) you’re considering. Credit Card Agreement regulated by the Consumer Credit Act 1974 Part A: Credit Card Agreement These are the conditions of an agreement between “us”: MBNA Limited, Cawley House, Chester Business Park, Chester CH4 9FB, any person we may transfer our rights to and “you”: Name of customer: Address: The credit intermediary was not applicable. Your agreement with us is made up of both Part A (Credit Card Agreement) and Part B (Additional important terms). You should read both parts carefully. Ask us about anything you don't understand. Part A shows some key points. You will find more detailed information about them in Part B, including the meaning of some words we use. We use the same paragraph numbers in both sections to make it easier for you to find information. For example, your interest rates are in A3 and more information about types of interest rate is in B3. A1. Your credit limit Your credit limit is the total amount you can borrow under this agreement. We set this limit based on your financial status and tell you what it is in writing soon after opening your account. It is important that you stay within your credit limit. A2. Using your credit We will provide you with a card and security details soon after opening your account. You must keep them safe as they give access to your credit. -
Press Release
Classification: Public PRESS RELEASE Surge in online spend as older people adapt to new norm 46% of all spending was completed online compared to just 28% a month earlier Over 65s have almost doubled their proportion of online spend; 63% increase in online banking registration As lockdown continues across the UK, nearly half (46%) of all transactions have been made online since strict social distancing rules were introduced*, according to new research from Halifax. Based on spending of Halifax customers, a year ago just one in four (27%) transactions were made online as opposed to in person, a figure which remained relatively consistent up until February 2020 (28%). The move towards online payments has been especially stark in people over the age of 65. While all age groups have increased the share of transactions they make online rather than face to face, in the oldest age category this share has doubled since lockdown compared to the same time last year (20% to 40%). Only those between 18 and 24 (27% to 52%), and 25 and 34 (29% to 51%), have seen greater increases. Furthermore, people over the age of 65 have increased the number of online transactions by over a third (34%), the greatest increase of any age category. 55 to 64 year olds have increased the number of payments by a quarter (24%) and those aged 45 to 54 by 14%. While these figures can be linked back to government advice aimed at a large proportion of this age group it demonstrates that people are adapting their spending to a new normal. -
Halifax Introduces New Card Freeze Options for Credit Card Customers
FOR IMMEDIATE RELEASE – MONDAY 15th JULY 2019 Halifax introduces new card freeze options for credit card customers Halifax customers now have a greater range of options to control where and how they use their credit card From today customers will be able to access ‘card freeze’ through their mobile app, allowing them to stop their credit card being used in a number of different ways. Flexible and dynamic, Card Freeze lets customers choose which types of transactions are allowed from their Halifax app. Customers who may have mislaid their card, at home or abroad, can simply “freeze card” transactions. Once they find it, they can just “unfreeze” with ease.1 Customers can also exercise greater control over any additional cards, avoiding unexpected spending sprees and choosing which transactions can or can’t be made on all cards linked to their account, including online purchases. These new options are in addition to the control services introduced for debit cards in August 2018, which allow debit card customers to freeze usage abroad, online and remote, and freeze at tills or terminals. Customers will see information pop-up on how to make use of the new functionality when they log in to their mobile app. These features are easy to use, simply “switching” on or off the buttons in the card management area of their mobile app. Freeze card: Stops all card based transactions Freeze abroad: Stops all point of sale transactions and ATM withdrawals outside of the UK Freeze online and remote: Stops all transactions where the card is not physically -
Cooperative Banks: International Evidence Part of Nef's Stakeholder
Cooperative banks: International evidence Part of nef’s Stakeholder Banks series nef is an independent think-and-do tank that inspires and demonstrates real economic well-being. We aim to improve quality of life by promoting innovative solutions that challenge mainstream thinking on economic, environmental and social issues. We work in partnership and put people and the planet first. nef (the new economics foundation) is a registered charity founded in 1986 by the leaders of The Other Economic Summit (TOES), which forced issues such as international debt onto the agenda of the G8 summit meetings. It has taken a lead in helping establish new coalitions and organisations such as the Jubilee 2000 debt campaign; the Ethical Trading Initiative; the UK Social Investment Forum; and new ways to measure social and economic well-being. Contents Executive Summary 2 1. What are Cooperative Banks? 4 2. The case for Cooperative Banks 7 2.1 The impact of cooperative ownership 7 2.2 A greater focus on high-street banking and branch services 8 2.3 Inclusive banking for SMEs and individuals 9 2.4 Long-term thinking and stable profits 11 2.5 Stability in a crisis: consistent lending and prudent management 12 3. What criticisms are typically made of the sector? 15 3.1 Cooperatives cannot quickly raise large amounts of capital 15 3.2 They are not as democratic as they claim to be 15 3.3 They act like commercial banks, but less successfully 16 3.4 They struggle to remove ineffective or opportunistic managers 17 3.5 Cooperatives are inefficient 17 4. -
Leeds Building Society Design Consultancy: Thompson Brand Partners Submission Date: 26 June 2015 for Publication Transforming Society Executive Summary
Industry sector: Financial services Client: Leeds Building Society Design consultancy: Thompson Brand Partners Submission date: 26 June 2015 For publication Transforming Society Executive summary The UK financial services sector has taken a battering since the recession in 2008. Regularly rocked by scandal and mismanagement, trust levels — especially in the banks — had been extremely low. Perceptions of building societies was better, but many younger people did not understand what they were or what makes them different. Leeds Building Society set itself a 10 year goal in 2012 to be the best building society in the UK. This would require massive investment in technology, people and its service proposition. To pay for it, the Society needed to expand from its regional base and significantly increase levels of profit. This is the story of how design has been used to refresh the Society’s branding. How design helped change perceptions of Leeds as being old fashioned and attracted vast numbers of new customers and business. How design has helped create 110 new jobs this year alone. How design helped 7,800 people buy their first home, and how it changed the internal culture and motivated the workforce. And in a year when the economy grew by only 2.6% and the organisation celebrated its 140th birthday, how design delivered record-breaking performance levels, propelling Leeds Building Society towards its 10 year goal. (201 words) Executive summary For the 12 months to April 2015, the Society has achieved the following fantastic results: Signifies all-time record level in 140 years Increased profits: Attracted new talent: Membership growth: - Operating profit up to a - Over 110 new jobs created - Total membership up to a record £80.9m, up 26%. -
The Nature and Role of Building Societies in the UK
The Nature and Role of Building Societies in the UK 19 december 2008 RAPPORT 2008-12-19 Dnr 17-64/08 Förord Statens Bostadskreditnämnd (BKN) har givit Christine Whitehead vid London School of Economics i uppdrag att beskriva den roll s.k. ”Building societies” spelar på den brittiska bolånemarknaden. I uppdraget ingick att göra en jämförelse med banker, att redovisa den historiska utvecklingen och att söka bedöma deras långsiktiga roll. Rapporten är ett led i BKN:s strävan att förbättra kunskapsläget om bolånemarknaderna i andra länder. Uppdraget relaterade också till BKN:s utredningsarbete rörande finansiering av upprustningar i s.k. miljonprogramsområden. Statens bostadskreditnämnd Per Anders Bergendahl The Nature and Role of Building Societies in the UK December 2008 Christine ME Whitehead Professor in Housing, London School of Economics Contact point [email protected] Contents Page 1. Introduction 5 2. A short history 5 3. The legal framework 9 4. Some current statistics 10 Savings 10 Mortgages 11 Market Share 11 5. Concluding comments 12 Table 1: Building societies taken over by Banks – to September 2008 8 Table 2: Key summary statistics August 2008 10 Table 3: Market Share of Building Societies 11 Table 4: Total mortgage balances outstanding end year 2007 11 Selected Bibliography 13 4 Part 2: The Nature and Role of Building Societies December 2008 1. Introduction Building societies are financial institutions which were developed specifically to fund owner-occupied housing. As such for many decades they were the main institutions within the special circuit of housing finance – based on tight regulation and government constraints on the one hand and tax breaks and restricted opportunities for consumer saving on the other. -
Address at the Official Opening of the St Stephen's Green Branch
SPEECH/06/770 Charlie McCreevy European Commissioner for Internal Market and Services Address at the official opening of the St Stephen’s Green Branch St Stephen’s Green Branch Halifax, 1st December 2006 Good morning Ladies and Gentlemen: I am delighted to have been invited today to open this very fine branch in one of the most prime locations in Dublin. I know you did some research before deciding whether to brand your retail business here in Ireland under the Halifax or Bank of Scotland name. I recall that some years ago when Bank of Scotland and Halifax announced their decision to merge, questions were asked of the then chief executive of the Bank of Scotland about the challenges of merging the two organizations' cultures and brands. He replied that there should be no problem: Yorkshiremen were just like Scotsmen - but with the generosity squeezed out!! And I can see – from looking at HBOS's latest results – what he meant: The cost income ratio for the combined group (the key efficiency ratio in banking) is just a fraction over 40 per cent. This, I believe, is among the best, if not THE BEST, of any multi-functional banking group in Europe. And when it comes to acquisitions I understand that HBOS's reputation for short arms and deep pockets is much prized by its shareholders. Aside from the sponsorship of Leinster rugby, HBOS's brands in Ireland - principally Halifax and Bank of Scotland Ireland - will always be associated with the pioneering of real competition in the mortgage market and the deepening of competition in the business banking market. -
Finding the Sweet Spot: How Building Societies Need to Strike a Balance
BUILDING SOCIETIES RESEARCH REPORT FINDING THE SWEET SPOT: HOW BUILDING SOCIETIES NEED TO STRIKE A BALANCE. For professional use only 2 BUILDING SOCIETIES RESEARCH REPORT BUILDING SOCIETIES RESEARCH REPORT 3 EXECUTIVE SUMMARY For building societies, the rise of a week, and 84% use their building society’s website the digital banking environment Building societies remain “Building societies are at the heart at least once a month. heavily dependent on branches changes not just their strategy of their communities, but the way for product purchases. Most rate these services highly, with three quarters but also their fundamental their customers want to interact giving them a score of eight out of ten or more. going forward will change. Whilst nature. How do organisations Half (50%) of customers They’re also going to be increasingly important traditionally rooted in – opened their savings account branches have been at the core of revenue generators. and owned by – their local in branch against only 37% distribution, customers are telling using the building society’s us more and more that they want Insurance, among the most commoditized of financial communities fulfill their vision website. to buy their products and services services products, has long been the bread and butter in a society dominated by the online as well as through the of price comparison sites, for example. Yet at the Internet? 45% bought their mortgage in moment the branch is still the most common sales branch, against 19% online. branches.” channel for holders of life (47%), home (43%), critical Politicians, regulators, product Mark Holweger, Managing Director, illness (38%) and income protection (33%) insurance.