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Edeus secures extra funding

Edeus has struck a funding deal with Deutsche Bank. Under the agreement, edeus will have access to £500m via a Deutsche Bank warehouse funding line. This arrangement is in addition to edeus’ existing facilities and will allow it to increase its liquidity.

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Abacus appoints new head

Abacus sales appointment Abacus Permanent has appointed Gavin Treacy as head of sales

Don’t write off buy-to-let just yet

Pundits who predict a buy-to-let market crash fail to take account of the fundamental strengths of the sector and underestimate the staying power of landlords, says Mark Harris

Lloyds TSB texts to keep consumers informed

Lloyds TSB has launched a mobile text service for customers that aims to take the stress out of the home buying process.The free service gives customers updates on their mortgage applications through regular text messages to their mobile phones.Customers applying for new mortgages through Lloyds TSB branches or by telephone will receive text alerts when […]

Dear Delia

Dear Delia I have a client who is looking to purchase a large Victorian house that has been converted into five self-contained flats. He confirms that planning permission is in place and building regulations have been certified. However, there is no separate legal title for each unit. While my client could obtain separate leaseholds, he is reluctant to incur the costs of doing so. Are there any lenders that would help?

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