Secure Trust Bank could launch in H2 2016

Secure Trust Bank could launch into the mortgage market in the second half of the year, reports state.

Secure Trust Bank could launch into the mortgage market in the second half of the year, reports state.

The bank, which currently offers savings and current accounts in addition to personal loans, is said to want to start in residential before expanding into buy-to-let.

Launching into the market seemed on the cards from October 2015 when Secure Trust Bank made ex-Kensington chief executive Ian Henderson its head of strategic business development and personal lending and mortgages.

In the same month Mark Snape quit as managing director of mortgages to work for My Home Move.