Property News · June 24, 2022

Barclays to buy Kensington Mortgages as interest rates rise


Acquisition comes at a time of intense competition in the mortgage marketBarclays is to buy the specialist mortgage lender Kensington Mortgages for £2.3bn, in a dash for mortgage books as interest rates rise.The acquisition comes at a time of intense competition in the mortgage market, and as rising interest rates provide a boost to lenders. Continue reading…

Source : theguardian.com
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