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The Mortgage Mole

Bargain Buy

“Have you missed the Bear Stearns garage sale?” the message asks. “Another successful bank is now on the market”.

“Up for sale is a popular investment bank located in prime midtown Manhattan. Lehmans has been in business for over 150 years and has some of the most loyal clients and employees.”

Included in the purchase price is commercial real estate and other debts that are “hidden somewhere on the balance sheet”, it adds.

The advert says that anyone interested should contact one Richard Fuld at to make an offer.

“No reasonable offer refused, banks have been flying off the shelves recently so grab one of your own,” the message concludes.


Stamp Duty savings could pay for cover

The government’s announcement that Stamp Duty on properties valued up to £175,000 will be scrapped for one year could mean consumers are more able to afford protection insurance.

Retirement Plus revamps website

Retirement Plus has revamped its website to include additional equity release information, as well as an online calculator giving instant estimates of how much money clients could raise through equity release.

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


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