Property finance group Together, one of the largest UK non-bank lenders, has announced underlying profits before tax of £200.9 million. The finance company, based in Cheadle, has today (Thursday, September 19th) published its annual results for the year to June 30th 2024. The group’s loan book … [Read more...]
News for: Finance
Inflation holds at 2.2% in August
Latest inflation data from the Office of National Statistics (ONS) has found that prices rose 2.2% over the 12 months to August 2024, the same rate as recorded the previous month. The latest Consumer Price Index (CPI) data from the ONS sees inflation remain slightly above the Bank of England's 2% … [Read more...]
Stockport County renews partnership with Together
Stockport County is pleased to announce the renewal of its partnership with Cheadle-based finance company Together. The specialist lender's agreement with the club now extends into its fourth year, and will see the South Stand at Edgeley Park continue to be known as the ‘Together Family Stand,’ … [Read more...]
New rules for banks aim to promote investment in UK economy
The Prudential Regulation Authority (PRA) has proposed new rules for banks and building societies to ensure competitiveness in the financial system and promote investment in the UK economy. Proposed reforms are part of the internationally agreed Basel 3 framework and will mark an end to capital … [Read more...]
Together announces appointment of new CEO
Cheadle-based non-bank lender, Together, has announced the appointment of Richard Rowntree as CEO and Executive Director, effective from early 2025. Richard joins from Paragon Bank, where he was Managing Director of the Mortgages division. He brings over 30 years of experience in banking, having … [Read more...]
North West apathy leading to loss in savings warns Vernon Building Society
North West adults are diligently saving around £219 per month on average, but apathy towards finding the best savings account means they’re losing out financially warns North West mutual, Vernon Building Society. It would take just minutes for savers to compare the interest rate on their savings … [Read more...]
Together prices its third residential mortgage backed securitisation in 2024
Cheadle-based specialist property lender, Together, has announced the successful pricing of a £445 million residential mortgage backed securitisation. The pricing of its 1st charge only TABS12 securitisation is the lender's third of 2024, and is supported by a portfolio of owner-occupied and … [Read more...]
TfGM partners with Greater Manchester credit unions on annual Bee Network tickets
Mayor of Greater Manchester, Andy Burnham, has confirmed plans for a new annual bus pass that will cut the cost of travel in the city region through a partnership between Transport for Greater Manchester (TfGM) credit unions in the city-region. TfGM is working with Greater Manchester Credit … [Read more...]
Together colleagues complete Race Around the World challenge for Charity
Four teams of colleagues from Cheadle-based lender, Together, have secured over £30,000 for charity by completing a Race Around the World challenge and travelling from London to Albania. Four teams of two made it to the start line as part of Together’s inaugural Race Around the World in aid of … [Read more...]
Together teams take on Race Around the World for Charity
After much deliberation, four teams of two made it to the start line as part of Together’s inaugural Race Around the World in aid of local good causes. Rigorous rules ensured each of the four teams met the demanding criteria, including raising a minimum of £1500 each for their nominated … [Read more...]
Together upsizes bridging facility to £600 million
Cheadle based specialist lender and mortgage provider, Together, has announced it has increased its facility for unregulated bridging lending to £600 million. The Delta Asset Backed Securitisation 2 Limited facility (DABS), was originally launched as a £90 million facility in 2017 before being … [Read more...]
Young people to change careers 50% more than their parents’ generation, finds Handelsbanken
Young adults aged between 18-34 expect to have an average of three different careers over their lifetime with a five-year pension holiday, according to a new study commissioned by Handelsbanken Wealth & Asset Management. The research underlines how work and pension expectations differ … [Read more...]
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