Since the first finance company in the United Kingdom was established in 1872, finance companies have been growing and expanding their services and products to meet the demands of financial consumers. This list of the top 10 finance companies in the United Kingdom highlights several of these businesses that stand out based on their overall performance, customer satisfaction and other criteria that help them excel among their peers. The top 10 finance companies in the United Kingdom are listed below in alphabetical order.
10 finance company top of the list in United Kingdom
1. Moneybox
2. Norwich & Peterborough Building Society
3. Metro Bank
4. Old Mutual Wealth
5. Santander UK
6. NFU Mutual
7. The Royal Bank of Scotland Group (RBS)
8. Nationwide Building Society
9. BlackRock Personal Investors Service Ltd.
10. Lloyds Banking Group plc,
1.Moneybox
The first place goes to Moneybox. This is a one-stop shop for all your money needs from deposits, loans, mortgages and foreign exchange (FX) services. If you are looking for a no-frills service, you can use its online loan comparison tool to find a competitive deal fast and easy. With up to five times cheaper rates than using high street lenders, Moneybox makes it easy to find cheap personal loans without sacrificing quality or service. It is also run by Metro Bank – one of UK’s fastest growing challenger banks with over 500 branches across London and over 40 in Greater Manchester as well as more than 120 international banking operations in Eastern Europe, Asia Pacific, Latin America and Africa.
2.Norwich & Peterborough Building Society
Norwich & Peterborough stands out from other building societies because of its low operating costs, high capital levels and a solid balance sheet. The Norwich & Peterborough’s focus on quality service is part of what has made it such a successful company. The company’s website has a wealth of information about financial options for individuals and businesses, and it also has a mobile app available for both Apple and Android users. With competitive rates and an emphasis on customer service, you won’t go wrong with Norwich & Peterborough Building Society.
3.Metro Bank
According to a report by The Sunday Times, Metro Bank has become Britain’s most profitable bank, with one million pounds profit per employee. Despite its success and popularity, it is still relatively new: it was founded only in 2010. Its business model involves aggressive sales techniques and grabbing market share. However, despite its brutal practices and arrogant image, Metro Bank seems to be well-liked among customers probably because of its high level of service. Metro Bank mostly operates on London's financial scene (which is where it makes most of its money) but plans to launch into more parts of England soon.
4.Old Mutual Wealth
Old Mutual Wealth doesn’t have a firm online presence or very much to do with wealth instead, it offers traditional financial products. According to Old Mutual’s website, its vision is to be Britain’s leading independent financial services business and one of Britain’s largest employers. Also, according to its website, it provides products and services that help you manage your money at every stage of your life. It has been ranked first in customer satisfaction by the JD Power and Associates UK Customer Satisfaction Index survey for three years running, according to its website. It is also quoted on London Stock Exchange.
5.Santander UK
Santander UK has won fifth place in our ranking of all things financial. The company provides a range of banking and lending services, including mortgages, loans and savings accounts. Santander UK’s average interest rate is 3.64 percent, with an APR (annual percentage rate) of 17.44 percent. It has a credit score requirement of 660, as well as other requirements for its loan products.
6. NFU Mutual
This insurance company has been around since 1846 and provides a variety of different services, including savings accounts and investment products. With over two million customers worldwide, NFU Mutual offers a high-quality service that is matched by few other financial institutions. They have proven that they are committed to excellent customer satisfaction; they have even won numerous awards for their successful business practices. Due to their ethical reputation, you can feel secure in knowing that your money is being taken care of responsibly with NFU Mutual. They also believe strongly in giving back to their community through various charity programs and volunteer opportunities – further demonstrating that they value integrity over profit margin. Bottom line: if you’re looking for great customer service from an established brand, consider investing with NFU Mutual.
7. The Royal Bank of Scotland Group (RBS) Personal Banking Division.
While not a household name, RBS is still one of England’s largest banks. This division of RBS provides services to more than ten million people across a range of personal accounts, including savings and current accounts. To provide an additional layer of security for online users, RBS offers an online browser called Internet Browsing which allows customers to access their bank accounts from anywhere on any device. This solution also helps customers save time by quickly transferring money between their own accounts as well as allowing them to easily make payments through their bank’s mobile app. More than 350 employees work at Royal Bank of Scotland Group UK Personal Banking Division headquarters located in Edinburgh, Scotland.
8. Nationwide Building Society
This UK-based financial institution is one of the country’s biggest lenders, with more than 20 million customers worldwide. It offers a full range of banking and insurance services to its clients and also supports numerous community initiatives. Nationwide prides itself on offering affordable and flexible financial solutions, no matter what your individual requirements may be. This includes personal loans (on low, fixed rates), plus mortgages for both residential and commercial properties. As part of their commitment to helping society, Nationwide donates one percent of its annual profits to charity, which equates to millions per year. The company has a proud history dating back to 1834 – it was actually founded before Queen Victoria ascended to the throne!
9.BlackRock Personal Investors Service Ltd.
BlackRock Personal Investors Service Ltd. is an asset management company that focuses on three core service: retail and private investors, institutional clients, and public institutional clients. It offers a wide range of services such as investment research products to financial institutions including banks, insurance companies, other investment firms. BlackRock Personal Investors Service Ltd. is headquartered in London and listed on New York Stock Exchange (NYSE) under symbol BLK for share trading account and BALKAN for American depository receipt account(ADR). BlackRock ranks ninth among UK’s largest financial company as of June 2017 according to Bloomberg database.
10.Lloyds Banking Group plc, trading as Halifax and Bank of Scotland.
With a market share of around 18%, Lloyds Banking Group (LBG) is one of Britain’s largest lenders. It is made up of three main parts: Halifax Bank of Scotland, Lloyds TSB and Scottish Widows. LBG began life as a series of mergers between various UK-based institutions most notably Halifax, which had been set up by Victorian textile merchants in 1853 to offer loans to weavers who were struggling with their