Banking

What exactly are dormant and lost accounts? Are they different or just similar terms for the same thing? Is there a difference in the way banks and...

There was a time when endowments were all the rage. Essentially, the idea was that you'd have an interest-only mortgage, then take out an endowment...

The process known as demutualisation has been very helpful to a number of companies who wanted to grow. Essentially it changes the ownership of a...

Nationwide Building Society is Britain’s second largest mortgage lenders, and highly thought of, to the extent that their figures largely track...

Halifax, of course, is one of the country's biggest financial institutions these days, a huge provider of mortgages as well as savings - and...

Some reports have as much as £15 billion sitting in dormant bank accounts, and that’s a lot of money waiting to be claimed. A bank account becomes...

At one time or another many of us might have opened building society accounts with an eye towards a future mortgage - that's especially true of a...

It’s easy to think that you will never be naïve enough to be suckered into one of the many unclaimed money scams. But the temptation may be too...

Safe deposit boxes are really part of a safe custody service offered by some banks. Under this, customers pay an annual fee to a bank in order to...

A windfall is what happens when a building society or insurer demutualises. That means that instead of being owned by the members of policyholders,...