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B&B next, after NRK?
FelOn_2
Posts: 170 Forumite
Looks like B&B to me. They seem to have a similar trading model to NR...aggressively expanded their mortgage lending without the back-up of retail deposits :eek: OK, they didn't offer 125% loans, but the numb nut BTL noobs on their books will be something to think about in a falling housing market. BUT rather than a SELL, i consider them to be a buy-out target...the BoE don't want this !!!!!! on their table again.
Martin Lewis is
“The UK's Tightest Man”
– Philip Schofield This Morning
“The UK's Tightest Man”
– Philip Schofield This Morning
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