The Financial Services Compensation Scheme (FSCS) has forecast that its 2021/22 levy will be £1.04bn, a 48% increase on last year, due to an expected increase in firm failures related to Covid-19.
Dudley Building Society has launched three new fixed rate products, a part-and-part discounted for term product and a two-year discounted product, all with increased LTVs to 85%.
Darlington Building Society has promoted Chris Blewitt to head of intermediary distribution, just five years after taking his first step into the financial sector with the Society.