Marks & Spencer is reportedly about to launch a chain of bank branches offering mortgages.
M&S Money is currently operated in stores by HSBC, and it is expected that the mortgage arm will hope to capitalise on Marks and Spencer’s reputation for trustworthiness, as per the excellent underwear.
But if borrowing from a high-street retailer than a traditional lender appeals, it might be worth holding off.
Because we’ve heard that Tesco is, allegedly, also about to announce a new mortgage range.

