Sainsbury's Bank partners with L&G and L&C for mortgage launch - Mortgage Strategy

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Sainsbury’s Bank partners with L&G and L&C for mortgage launch – Mortgage Strategy

A website covering the mortgage industry has reported that a major bank has decided to go back into the mortgage market, twelve years after leaving it. The bank will work with two mortgage and loan companies. It will offer mortgages for people buying homes. Its loans will be for two and five year periods. Borrowers over seventy years old will be eligible for special treatment. The story quotes representatives of the bank and its collaborator praising the action.