Financial Industry Group

Virgin Money and The One Account win Moneyfacts Awards

Two Norwich based businesses, Virgin Money and The One Account, have taken home awards from the prestigious 2010 Moneyfacts Awards.

The winners were recently announced at the Millennium Hotel, Mayfair, London. Some 300 industry professionals from leading financial institutions gathered at a special luncheon hosted by ITV News' Economics Editor, Daisy McAndrew.

Awards were presented to those companies that have consistently offered the most competitive products, the best levels of service and shown the greatest innovation in the personal finance world during the last twelve months.

Sylvia Waycot, Editor of Moneyfacts said:

“The widely anticipated Moneyfacts Awards 2010 celebrated the best products and service in personal finance at another well supported ceremony, showcasing the providers that support this vital sector.

“After months of trying times, a cautious optimism is returning, with the mortgage sector seeing product numbers beginning to rise and the savings sector continuing its fight to provide reasonable returns, despite the record low base rate.

“These awards demonstrate a firm commitment by providers to quality and choice across a wide range of products. This was very evident in the makeup of our shortlists and why winning a Moneyfacts Award really is something to shout about.”

The winners are:
Best Short Term Fixed Rate Mortgage Provider

Winner: first direct

Highly Commended: Loughborough BS

Commended: Abbey

Best Longer Term Fixed Rate Mortgage Provider

Winner: Britannia

Highly Commended: Chelsea BS

Commended: Leeds BS

Best Variable Rate Mortgage Provider

Winner: The One Account

Highly Commended: HSBC

Commended: first direct

Best Remortgage Provider

Winner: HSBC

Highly Commended: The Co-operative Bank

Commended: first direct

Best Current Account & Offset Mortgage Provider

Winner: first direct

Highly Commended: Yorkshire BS

Commended: NatWest Mortgage Services

Best Tracker Rate Mortgage Provider

Winner: The Co-operative Bank

Highly Commended: HSBC

Commended: Abbey

Best First Time Buyer Mortgage Provider

Winner: Clydesdale/Yorkshire Bank

Highly Commended: Norwich & Peterborough BS

Commended: Furness BS

Best Building Society Mortgage Provider

Winner: Nationwide BS Highly

Commended: Yorkshire BS

Commended: Furness BS

Best Bank Mortgage Provider

 Winner: HSBC

Highly Commended: Abbey

Commended: The Co-operative Bank

Best Online Mortgage Provider

Winner: Woolwich

Highly Commended: Coventry BS

Commended: Halifax

Best HIP Provider

Winner: ehips

Highly Commended: The HIPs provider

Commended: Easier2move

Best Service from a Mortgage Provider

Winner: Cheltenham & Gloucester plc

Highly Commended: Royal Bank of Scotland

Commended: Halifax

Best No Notice Account Provider

Winner: Leeds BS

Highly Commended: Stroud & Swindon BS

Commended: Teachers BS

Best Notice Account Provider

Winner: Leeds BS

Highly Commended: Bank of Cyprus UK

Commended: Secure Trust Bank

Best Monthly Interest Account Provider

Winner: ING Direct

Highly Commended: FirstSave

Commended: Intelligent Finance

Best Fixed Rate Account Provider

Winner: Post Office

Highly Commended: Aldermore

Commended: ICICI Bank UK

Best Internet Account Provider

Winner: Intelligent Finance

Highly Commended: ICICI Bank UK

Commended: Yorkshire BS

Best Over 50s Account Provider

Winner: United Trust Bank

Highly Commended: Coventry BS

Commended: West Bromwich BS

Best Children's Account Provider

Winner: Harpenden BS

Highly Commended: Earl Shilton BS

Commended: Chelsea BS

Best Cash ISA Provider

Winner: Halifax

Highly Commended: Santander

Commended: Newcastle BS

Best Offshore Account Provider

Winner: Alliance & Leicester International

Highly Commended: Anglo Irish Bank Corporation (International) PLC

Commended: Irish Nationwide (IOM)

Best Current Account Provider (Credit Interest)

Winner: Alliance & Leicester

Highly Commended: Santander

Commended: Lloyds TSB

Best Current Account Provider (Debit Interest)

Winner: Alliance & Leicester

Highly Commended: Cahoot

Commended: Norwich & Peterborough BS

Best Personal Loan Provider

Winner: Tesco Bank

Highly Commended: Sainsbury's Finance

Commended: Alliance & Leicester

Best Credit Card Provider (Introductory Rate)

Winner: M&S Money

Highly Commended: Halifax

Commended: Tesco Bank

Best Credit Card Provider (Standard Rate)

Winner: The Co-operative Bank

Highly Commended: Lloyds TSB

Commended: Barclaycard

Best Credit Card Provider (Balance Transfer Rate)

Winner: Virgin Money

Highly Commended: Santander

Commended: Nationwide BS

Best Gold/Platinum Card Provider

Winner: Barclaycard

Highly Commended: MBNA Europe Bank

Commended: The Co-operative Bank

Innovation of the Year

Winner: Buckinghamshire BS – Big Bucks Bond

Highly Commended: Capital One Bank – Progress MasterCard

Commended: HSBC – Mortgage Matcher

Personal Finance Provider of the Year

Winner: Santander Group

Highly Commended: Lloyds Banking Group

Commended: The Co-operative Bank

About Moneyfacts.co.uk

Moneyfacts.co.uk is the UK's leading independent provider of personal finance information. For the last 21 years, Moneyfacts' information has been the key driver behind many personal finance decisions, from the Treasury and the Bank of England to the high street.

Our increasingly popular consumer website http://www.moneyfacts.co.uk/ helps customers make better financial decisions and gives them the ability to check the latest best buy products and to search the whole market for products that suit their individual circumstances.

Moneyfacts.co.uk also supplies best buy charts to many of the UK national and regional newspapers, with a total weekly readership in excess of 22,000,000. Moneyfacts.co.uk also provides the personal finance data that powers many UK online comparison websites.

Our dedicated research experts produce three monthly publications as well as providing real time news and data services to the majority of banks and building societies. Additional information can be found at http://www.moneyfactsgroup.co.uk/.

 



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