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The Yorkshire Building Society has announced it is to merge with the Norwich and Peterborough Building Society. The Norwich and Peterborough (N&P) brand and its 46 branches will be retained for at least two years. Yorkshire Building Society confirmed there would be no [...] Campaigners are warning that George Osborne’s “Firstbuy” scheme to help cash strapped young voters onto the property ladder is a subsidy for housebuilders that could lock vulnerable buyers into a falling market. There was a modest lessening of the lending criteria banks and building societies imposed on first time buyers during August.The average deposit required by someone taking their first step on to the property ladder dropped back to 21%, after increasing to 24% during June and July. Lenders also advanced an average of 3.17 times a first [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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