The Co-operative Bank leads the way in responsible lending and sees 50% fall in repossessions

The Co-operative Bank leads the way in responsible lending and sees 50% fall in repossessions
Against a backdrop of the mortgage industry prediction of 75,000 repossessions this year, new figures from The Co-operative Bank Mortgages show that despite the current economic climate, the number of repossessions at The Co-operative Bank has actually halved over the past […]

The Co-operative Bank Introduces changes to their mortgage range

The Co-operative Bank Introduces changes to their mortgage range
The Co-operative Bank is pleased to confirm positive changes for the 3 Year Discount Mortgage and the re-launch of the 3 Year Fixed Rate Guarantor Mortgage.
These changes will be introduced on Monday 27 th April 2009. Details are as follows:
3 Year Discount*
Existing product replaced […]

Hospital car parking fees top the list of life’s biggest injustices

Hospital car parking fees top the list of life’s biggest injustices
Having to pay and display whilst visiting loved ones in hospital is life’s biggest injustice payment according to new research released today (April 24) by The Co-operative ISA’s.
Hospital parking charges head the top 20 of raw deals, with 1 in 6 (17 per cent) […]

Thefts predicted to soar as recession-hit unemployed turn to crime

Thefts predicted to soar as recession-hit unemployed turn to crime
Leading home insurer, The Co-operative Insurance, is urging homeowners to be vigilant about security as it predicts a possible credit crunch crimewave could hit the UK in the next six months.
With the recession taking hold and the number of redundancies now standing at more than […]

The Co-operative Bank launches Credit Card Plus Pick and Mix benefits package worth up to £500

The Co-operative Bank launches Credit Card Plus Pick and Mix benefits package worth up to £500
The Co-operative Bank is launching a new family travel and lifestyle benefit package which can be added to any Co-operative Bank Credit Card product offering customers an opportunity to choose benefits to suit their personal needs.
The new benefits are available […]

The Co-operative Insurance launches new sector-specific business insurance

The Co-operative Insurance launches new sector-specific business insurance
The Co-operative Insurance has launched a new range of specially designed sector-specific, flexible packaged business insurance products.
The range of tailored insurance products have been developed to meet the protection needs of the self employed, shop and salon owners, publicans, restaurateurs, hoteliers, office and surgery owners and residential […]

Annual Result Highlights for The Co-operative Financial Services (CFS) for the year ended 10th January 2009

Annual Result Highlights for The Co-operative Financial Services (CFS) for the year ended 10th January 2009
CFS re-affirms the strength of the co-operative renaissance with a strong, resilient trading performance in 2008”
Business Highlights
On a like for like basis total shareholder profit before tax was £147.0m (2007: £155.4m)*
Key points:
Very strong trading performance in […]

The Co-operative Investments Announces With-Profits Rates

The Co-operative Investments Announces With-Profits Rates
The Co-operative Investments today (1 April) announced its annual bonus rates on with-profits policies.
Key points:
The With-Profits Fund benefited from having a diversified asset mix delivering a return of -11.6 per cent during the year. This compares with a return of -26.1 per cent on the FTSE All-Share index (total […]

50% increase in mortgage customers making overpayments

50% increase in mortgage customers making overpayments
New figures released today by The Co-operative Bank Mortgages show that the number of mortgage customers making overpayments has increased by 50% in the last year alone.
Additional research, carried out on behalf of The Co-operative Bank Mortgages, also reveals people’s motivations behind making overpayments. The findings show that the […]

Rise In Young Driver Premiums Could Lead To Uninsurable Generation, Warns The Co-operative Insurance

Rise In Young Driver Premiums Could Lead To Uninsurable Generation, Warns The Co-operative Insurance
Over the past 12 months the average cost of motor insurance for young drivers has risen by four times the rate of inflation, according to research* by The Co-operative Insurance.
Industry figures** show that in 2008, young drivers suffered an 11.5 per […]