The Kalifa Review

An independent strategic review of UK financial technology (FinTech) has been published in line with the emerging prominence of this sector and the UK’s highly regarded fintech reputation. Also known as ‘The Kalifa Review’, its purpose is to aid the adoption and growth of Fintech in the UK. The review illustrates a strategy and delivery…

british expats

British Expats in the EU Face Borrowing Block

British expats living in the EU have faced a block on borrowing from some British lenders following the UK’s exit from the European Union.  Lenders including Newbury and Marsden Building Societies have adopted the policy however have signalled that the restrictions may only be temporary measures, depending on ongoing negotiations between the UK and EU. …

buy to let portfolio bank

Permanent TSB sells buy-to-let portfolio

Personal finance service provider Permanent TSB has agreed the sale of a portfolio of performing buy-to-let mortgages.  The portfolio, worth about €1.2 billion, has been sold to Citibank London, the UK branch of US-based Citibank. The deal also involves the sale of a pool of about 3,700 buy-to-let loan accounts.  All of the loans are…