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Now Amber is pulling out of new lending

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Comments

  • Bernard_Coleslaw
    Bernard_Coleslaw Posts: 652 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    UK007BullDog wrote: »
    Except for my yearly mortgage statement I have not received any such documentation. Now that I also have a current account with them should I get such information? When do the BS usually send this out?

    I get mine when they send me the voting forms for the AGM, which tends to be once they announce their annual results (about now, actually, from memory).

    I'm probably just a saddo who reads it rather than binning it, mind you...
    Everyone needs something to believe in.

    I believe I need another beer.
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Do they include info on their sub prime/BTL subsidiaries and the amount of securitisation they have done?
    Trying to keep it simple...;)
  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    http://www.skipton.co.uk/about_us/skiptonBuildingSocietyInformation.aspx

    http://www.skipton.co.uk/about_us/pdfs/halfYearResults2007.pdf
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I'm just having a look at Skipton's accounts. Would 'debt securities issued by other borrowers' be commercial lending or investments in MBSs, CDOs etc?
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