Tandem Bank purchases a £ 100 million mortgage book from the bank and its clients

British challenger Tandem Bank has acquired the £ 100m mortgage book from Privatbank Bank and Clients.

Tandem has shifted the focus from loans to mortgages

The transaction will close on February 22nd, and the 300 or so customers in the book will officially become tandem customers.

According to Tandem, customers will not see any changes to the terms of their mortgages and the transition will be “smooth”.

Bank and customers from 2014 …

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