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M&S Bank to launch new mortgage range

In light of its fifth anniversary as a bank and current account provider, M&S Bank has announced its first mortgage range for early next year.

Since launching the brand in 2012, M&S Bank has aimed to provide mortgage products for first-time buyers, second-steppers and movers with rates across a variety of terms.

Sue Fox, chief executive of M&S Bank, commented: “We’re incredibly excited to be able to bring this M&S standard service to customers purchasing a home, whether they’re making their first or final step on the property ladder, and for every move in-between.”

“We’re now in a position to support our customers with the biggest financial decision they’ll ever make – their home,” she continued. “We know this isn’t just a financial decision, it’s about family, friends and future, and the memories that make up the tapestry of our lives.”

This new launch marks a milestone in the company’s history as it begins to transform from a financial services provider to a full-service bank.

M&S Bank mortgages will be accessible through the broker channel and directly from M&S Bank. Full details of the products will be available in the new year.

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