{"id":122892,"date":"2021-10-29T14:44:43","date_gmt":"2021-10-29T07:44:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-profits-triple-to-1bn-after-jump-in-mortgage-lending\/"},"modified":"2021-10-29T17:03:17","modified_gmt":"2021-10-29T10:03:17","slug":"natwest-profits-triple-to-1bn-after-jump-in-mortgage-lending","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-profits-triple-to-1bn-after-jump-in-mortgage-lending\/","title":{"rendered":"NatWest profits triple to \u00a31bn after jump in mortgage lending"},"content":{"rendered":"


\nStronger economic position allows bank to release \u00a3242m worth of provisions NatWest Group tripled its profits in the third quarter to a better than expected \u00a31.1bn, thanks to a jump in mortgage lending and a recovery in the economy despite setting aside cash to cover fines linked to money-laundering charges.The bank, which is majority-owned by the taxpayer, said the stronger economic position had allowed it to release \u00a3242m worth of provisions in the three months to 30 September, which it had made to cover a potential rise in defaults because of the coronavirus pandemic. That compares with the \u00a3254m it put aside during the same period last year. Analysts had expected the bank to take a further \u00a340m charge. Continue reading…
\n
\nSource : theguardian.com
\nRead more…NatWest profits triple to \u00a31bn after jump in mortgage lending<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stronger economic position allows bank to release \u00a3242m worth of provisions NatWest Group tripled its...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122892","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vY8","jetpack-related-posts":[{"id":131246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-reports-1-1bn-profit-as-it-predicts-7-fall-in-uk-house-prices\/","url_meta":{"origin":122892,"position":0},"title":"NatWest reports \u00a31.1bn profit as it predicts 7% fall in UK house prices","date":"October 28, 2022","format":false,"excerpt":"\r Bank says there has been some slowdown in customers trying to get new mortgages in recent weeksPre-tax profits at NatWest Group remained flat between July and September at \u00a31.1bn, amid a worsening economic outlook and a cost of living squeeze on its customers, as the bank predicted UK house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139247,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-including-natwest-cut-rates-after-surprise-inflation-drop\/","url_meta":{"origin":122892,"position":1},"title":"Mortgage lenders including NatWest cut rates after surprise inflation drop","date":"September 21, 2023","format":false,"excerpt":"\r Brokers expect more home loan reductions with offerings at lowest prices for several monthsLeading lenders including NatWest have cut their mortgage rates after an unexpected fall in UK inflation, and brokers are predicting that others will follow suit over the coming days.Banks and financial firms have announced a fresh\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rbs-and-natwest-to-stop-offering-mortgages-to-british-expats\/","url_meta":{"origin":122892,"position":2},"title":"RBS and NatWest to stop offering mortgages to British expats","date":"May 11, 2016","format":false,"excerpt":"\r From 19 May, banks\u2019 new policy will require applicants to be resident in the UK in order to be eligible for a mortgage Royal Bank of Scotland and its NatWest arm have been accused of turning their backs on Britons living abroad after becoming the latest UK lenders to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-is-it-right-to-evict-a-woman-on-housing-benefit\/","url_meta":{"origin":122892,"position":3},"title":"NatWest, is it right to evict a woman on housing benefit?","date":"October 20, 2018","format":false,"excerpt":"\r The tenant is a vulnerable older woman who has always paid her rent on timeThere are no arrears on Helena McAleer\u2019s buy-to-let mortgage on a flat in Belfast. The tenant, a vulnerable older woman, has for more than two years always paid the \u00a3400-a-month rent on time. The money\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/six-big-uk-banks-to-start-lending-on-flats-with-cladding\/","url_meta":{"origin":122892,"position":4},"title":"Six big UK banks to start lending on flats with cladding","date":"December 20, 2022","format":false,"excerpt":"\r Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from JanuarySix of the UK\u2019s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they have not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-brings-back-90-mortgages-as-buyer-demand-soars\/","url_meta":{"origin":122892,"position":5},"title":"NatWest brings back 90% mortgages as buyer demand soars","date":"December 14, 2020","format":false,"excerpt":"\r UK banks and building societies more confident over riskier lending as fears over house prices ease\r \r Source : ft.com\r Read more...NatWest brings back 90% mortgages as buyer demand soars","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122892"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122892"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122892\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}