A leaked internal document yesterday suggested that the Royal Bank of Scotland was more likely to offer “influential” people a mortgage than unimportant people.
The gaff came in a circular to staff which said that loans in London would have to be reduced because house prices had risen so high further increases were unlikely.
The RBS said yesterday it would immediately change the wording of the document which said guidelines for mortgages could be overturned if the customer “is influential in the community”.
The Times Money 23/03/02 page 2
