M&S Bank to launch mortgage range

Planned for early next year

clock • 1 min read

Retail giant Marks & Spencer's banking arm has announced plans to launch a mortgage range for first-time buyers and home movers.

The firm plans to roll out its first mortgage products early next year, subject to regulatory approval, The Telegraph reported. M&S Bank chief executive Sue Fox said: "Many of our customers have shopped with M&S their whole lives, feeling the comfort of the brand at every key life event. "We're now in a position to support our customers with the biggest financial decision they'll ever make - their home." M&S Bank launched in 2012 and now has four million customers. It offers credit cards, loans and current accounts.  The bank has its roots in the financial services divis...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Companies

Glasgow, Scotland

Evelyn Partners unveils 'ambitious' growth plans with new Glasgow office

About 350 staff are set to move from two existing office locations

Hope William-Smith
clock 21 September 2022 • 1 min read
OHA will operate as a standalone business within T. Rowe Price

T. Rowe Price acquires Oak Hill Advisors

OHA will operate as a standalone business within T. Rowe Price

Georgie Lee
clock 28 October 2021 • 2 min read

Virgin Money: The birth of a mortgage lender

The Virgin Money buy-out brings with it both good and bad news, but it is the latter - the £653m loss to taxpayers - that will make all the headlines.

clock 17 November 2011 •