Cheltenham & Gloucester
Financial Services Company
Extending a Thank You to All of Maryland's Seniors...He's a lineman, so it's tough to pinpoint a specific game, but last year was a good one for Costa, who found his niche as a rotation guy at C and G. He was at his best in some big time games. Deege Galt (DE from Silver Spring, MD) In this article: Maryland, Cal, Clemson, Nolan Carroll, Blue Raiders, and Scarlet Knights |
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Daily Mail | 4 days ago
Mugged over a GBP25bn loan: Lloyds shareholders' fury that they were kept in the dark about ailing HBOS
...revelation meant shareholders in Lloyds - which is now being forced to sell off vast chunks of its business such as the mortgage lender Cheltenham & Gloucester - had been seriously misled. Labour MP Jim Cousins told the Commons: 'It is...
In this article: Lloyds, HBOS, Bank of England, Mervyn King, UK, North Sea, and Scotland
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Independent.co.uk - Business | 5 days ago
Lloyds puts 60 per cent discount on record GBP13.5bn rights issue
...existing debt into bonds, an issue that was oversubscribed by GBP4bn. It is also looking at assets sales. Those under the hammer include Cheltenham & Gloucester and its TSB brand. Jonathan Jackson, head of equities at Killik, said the...
In this article: Lloyds, HBOS, UK, Financial Services Authority, Morgan Stanley, and NEC
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Times Online | 5 days ago
Popular mortgage deals fall below 5 per cent
...a year off the cost of monthly repayments on a GBP150,000 interest-only mortgage. Abbey and Alliance & Leicester, both owned by Santander, Cheltenham & Gloucester, part of the Lloyds Banking Group, along with a number of building societies...
In this article: Northern Rock, Abbey, Alliance & Leicester, Yorkshire Building Society, and Santander
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scotsman.com - Business | November 21, 2009
Money help-desk: Where's the best home for my cash?
...base rate predicted to rise before then, which will likely increase the rates on offer, most savers are only after a one or two-year deal. Cheltenham & Gloucester is paying 3.44 per cent over one year. If you are prepared to tie your money...
In this article: Barnsley Building Society and Scotland
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Lenders remain tough on loan to value deals
...last week launched a two-year fixed rate at 5.89 per cent that is available to borrowers with at least a ten per cent deposit. Cheltenham & Gloucester, part of Lloyds TSB Group, also introduced a two-year tracker loan and a two-year...
In this article: Abbey, Coventry Building Society, Lloyds TSB Group, Alliance & Leicester, and Saffron Building Society
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Telegraph.co.uk - Business | November 20, 2009
State lenders 'distort market' says Nationwide
...and three-month Libor, the interbank funding rate, of 0.6pc. He also questioned savings rates offered by nationalised Northern Rock and Cheltenham & Gloucester, which is owned by part-nationalsied Lloyds Banking Group, despite restrictive...
In this article: Revenue, Bad debts, Tax, Nationwide Building Society, and National Savings & Investments
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EU approves Lloyds plan to offload branches
...accounts market and about 19 per cent of the bank's mortgage assets. Parts of Lloyds to be sold within four years include the TSB and Cheltenham & Gloucester brands, Lloyds TSB's branches in Scotland and some additional Lloyds TSB...
In this article: Lloyds TSB, European Union, UK, Balance sheet, Intelligent Finance, and England
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Lloyds gets EU goahead for proposed restructuring
...the Government's insurance scheme for bad loans. As part of its deal with Brussels, Lloyds agreed to sell 600 branches, the TSB brand, Cheltenham & Gloucester's mortgage and savings book and Intelligent Finance. "There is no such thing as...
In this article: Lloyds, European Union, Royal Bank of Scotland, Europe, Bad debt, Intelligent Finance, and Brussels
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Lloyds sell-off plans approved
...market and around 19 per cent of the bank's mortgage assets. Parts of Lloyds to be sold within four years include the TSB brand, and Cheltenham & Gloucester, Lloyds TSB's branches in Scotland and some additional Lloyds TSB branches in...
In this article: Lloyds TSB, Intelligent Finance, HBOS, UK, England, and Wales
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Sunday Mirror | November 17, 2009
Lloyds cuts mortgage interest rates
Lloyds Banking Group has slashed interest rates on a number of its mortgages and launched a new best buy deal. The group's Cheltenham & Gloucester arm has cut rates on its two-year fixed rate and tracker products taken out through mortgage...
In this article: Lloyds, Northern Rock Building Society, Nationwide Building Society, and Bank of England
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Description from Wikipedia:
Cheltenham & Gloucester plc (C&G) is a mortgage and savings provider in the United Kingdom, a subsidiary of Lloyds Banking Group. C&G specialises in mortgages and savings products. Previously, C&G was a building society, known as the Cheltenham and Gloucester Building Society. C&G is one of the largest mortgage lenders in the UK. Its headquarters are in Barnwood, Gloucester, Gloucestershire, England.
C&G can trace its roots back to the Cheltenham & Gloucestershire Permanent Mutual Benefit Building and Investment Association in 1850. At first the Society was based in Cheltenham, its first Gloucester branch opening in 1896. Over the next 80 years, it expanded throughout the UK, opening the 100th branch in Pershore in 1979. Throughout the 1980s, the C&G acquired several smaller building societies, as consolidation of the sector intensified.
In 1995, C&G agreed to a takeover approach from Lloyds Bank. This involved the demutalisation of the society, and generated a windfall payment to its members.
Today, C&G mortgages are designed, marketed, sold and administered by Cheltenham & Gloucester plc, while Lloyds TSB Bank is the lender for C&G mortgages. On the savings side, C&G Savings is a division of Lloyds TSB Bank plc.
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