What happened to my Bradford and Bingley account?

What happened to my Bradford and Bingley account?

Bradford & Bingley and Mortgage Express no longer sell any new savings, insurance or investment products. All Bradford & Bingley savings accounts were transferred to Abbey (now Santander) in September 2008.

Did Santander buy Bradford and Bingley?

Santander, the Spanish banking giant and owner of Abbey National and Alliance & Leicester, has bought Bradford & Bingley's branch network and £21bn deposit book, leaving the Treasury to nationalise the failed mortgage lender's £50bn loan book.

How do I contact Bradford and Bingley?

We hope that this site provides all the information you will need, but if not, please call our Contact Centre on 0330 159 2591*. Lines are open 8.30am to 6pm Monday to Friday. You may also like to check our Homeowner or Landlord pages for further assistance.

Are Bradford and Bingley shares still valid?

0 1 ------- ---- Founded 1964 Defunct 2010

What happened to Bradford and Bingley savings accounts?

All Bradford & Bingley savings accounts were transferred to Abbey (now Santander) in September 2008.

Why did Bradford and Bingley collapse?

In September, lending costs soared after Lehman went bankrupt, causing shares in Bradford & Bingley to plummet on concerns over its funding costs.Aug 9, 2017

Are Bradford and Bingley shares worth anything?

Almost a million former shareholders of Bradford & Bingley have been told they won't receive a penny in compensation. B&B's shares closed at 20p each on the final day of trading before nationalisation - but they had been as high as £5.20 - valuing a windfall at £1,300. Jul 7, 2010

Who bought out Bradford and Bingley?

0 1 ------------ -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Founded 1964 Defunct 2010 Fate Nationalised due to insolvency. Its deposits were sold to Abbey National plc, which was eventually renamed Santander UK plc. Its mortgages are still held by Bradford & Bingley. Headquarters Bingley, West Yorkshire , UK Key people Richard Pym (Executive Chairman)

What happened to my Bradford and Bingley shares?

Investors' shares were wiped out when the lending arm of B&B passed into public ownership in September 2008 and the savings arm was sold off to Spanish banking giant Santander. The bank was driven under by the credit crunch as homeowners struggled to repay loans.Jul 7, 2010

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