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Mole hears that a member of the mortgage industry was picked out at the end of Derren Brown’s recent show. Brown told the chap in question he could guess what he was thinking.

And what was it? Apparently, the audience member was thinking about shaving off his pubic hair.

Alas, Mole hears that when the individual was asked whether he’d gone ahead with the intimate procedure he responded in the negative.

“I’m scared that when I take a slash I will get confused and think there’s a miniature two-headed ex-sub-prime lender about to rear up and bite my little man off,” he told Mole, trembling.


House prices up 1.9% in January

House prices increased by 1.9% in January, reversing December’s 1.6% fall, shows the latest House Price Index from Halifax.

First-timers seek low LTV deals

Leadbay says first-time buyers are adapting to the low-LTV mortgage environment after noting a rise in the number of borrowers looking for deals with LTVs between 70% and 90% in the past six months.

Matthew Wyles appointed CML chairman

Matthew Wyles, group distribution director of Nationwide has been appointed chairman of the Council of Mortgage Lenders for 2009.Martijn van der Heijden, head of mortgages at HSBC, and John Heron, managing director of Paragon Mortgages, have been appointed as deputy chairmen.Wyles, says: “The UK mortgage market will be facing some uniquely challenging trading conditions during […]

Money Partners stops lending

Goldman Sachs owned Money Partners has suspended new lending due to low demand for its mortgage products.

'Feeling the Squeeze'

Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]


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