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HSBC considers unloading loans

HSBC Holdings is contemplating unloading some of it’s A to D loans that total billions of pounds, investment banking sources revealed last week. The bank also plans to stop providing warehouse financing on sub-prime mortgages, sources say.

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Hobson’s choice on broker exams

To advise on reversion schemes we have to have qualifications, so we are at the mercy of the examining organisations when it comes to the fees they demand, says Sue Read

Regulation will give all-rounders an edge

There is now less than a month to go before home reversion regulation comes into force. Many companies are in the final throes of their preparations for the big change.

Terraced houses rise in price

Terraced houses have seen the greatest increases in price over the past 10 years, research by Halifax Estate Agents reveals. Over the past decade, the average terraced house price has risen by 239%. Semi-detached house prices rose 95% while flats and maisonettes have increased in value by 87%.

InterBay launches seminars in Northern Ireland

InterBay has launched seminars in Northern Ireland, to educate brokers about commercial mortgages.Anna Bennett, head of marketing at InterBay, says: Following the successful inception of InterBay in England in May last year, we started operating in both Scotland and Northern Ireland in October. I am delighted to announce that we have just kicked off with […]

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