Cahoot is the internet bank of Abbey. Cahoot was launched by Abbey in the year 2000. While Abbey is now a part of the Grupo Santander of Spain, Cahoot remains based in Coventry England. By the end of the year 2004 Cahoot saw its customer base expand to over 650,000.

Tim Murley started Cahoot but in 2002. Tim Sawyer took over and then later was succeeded by Mr. John Goddard in 2005. Interesting to note that Murley is still at Abbey and is the head of the wealth management team while Sawyer left in 2005. It has been reported that Sawyer was a part of the intelligence community and wanted to return to a more active role.

In the beginning Cahoot battled technical issues which made it difficult if not impossible for potential customers to access the website. At launch Cahoot offered a strategic pricing plan to it’s first 25,000 customers, which was interest free overdraft and credit cards. By the year 2004 Cahoot had won it’s battle with various bugs in the system and became one of the three best banks in the UK according to the Consumer’s Association and Guardian surveys.

Cahoot Loans

Cahoot offers personal loans as a part of Abbey. The personal loans that are offered are unsecured and can range from £1,000 all the way to £25,000. These Cahoot loans can be repaid in one year or you can choose to take up to eight years all the while with a fixed interest rate. You can use the personal Cahoot loan for any reason you see fit, whether it is to buy a new car or pay off credit card bills.

Cahoot Mortgages & Remortgages

Cahoot also has available home mortgages. Cahoot mortgages range for those who are looking at buying a new home or just improving the one that they are in: so a Cahoot mortgage may fit your needs. Cahoot offers three different types of categories: tracker mortgages, fixed rate mortgages and flexible rate mortgages.

The Cahoot tracker mortgage category simply tracks the Bank of England for a base rate to begin your mortgage. Fixed rates can offer you a sense of peace because you know for the life of your Cahoot loan you will be paying the exact same amount. The flexible mortgages have an interest rate that changes and therefore will affect your payment amount every time there is a change in interest rates.

About Loan-Seeker.co.uk and Cahoot

Cahoot and Loan-Seeker.co.uk are not commercially related and do not have a business relationship. At this time, Loan-Seeker.co.uk does not promote Cahoot loans, Cahoot mortgages, or Cahoot remortgages. Loan-Seeker does not work for Cahoot nor does it work on behalf of Cahoot or its parent company, Abbey. However, Loan-Seeker.co.uk reserves the right to market the Cahoot loan products listed below at a future date should it decide:

• Cahoot Unsecured Loans
• Cahoot Car Loans
• Cahoot Mortgages
• Cahoot Personal Loans
• Cahoot Remortgages
• Cahoot Homeowner Loans
• Cahoot Secured Loans

Loan-Seeker is not a lender. For people who specifically require a Cahoot loan, Cahoot mortgage or Cahoot remortgage, please click the following link: www.cahootbank.com.