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John The Pessimist

Tsb To Buy Iffy Loans From Ukar?

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£5 will get you £10 that UKAR & TSB report their numbers at different times. By playing pass the parcel with a load of sh!te, both can report great numbers, & earn hefty bonuses.....

No need to take on extra liabilities <coughs 'assets'> from Fergus & Judith.

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£5 will get you £10 that UKAR & TSB report their numbers at different times. By playing pass the parcel with a load of sh!te, both can report great numbers, & earn hefty bonuses.....

No need to take on extra liabilities <coughs 'assets'> from Fergus & Judith.

Hope you're right. I have a

that UKAR will try to do a Kirstie and see if they can get the Ashford portfolio for asking :wacko:

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Wow - still over half a million mortgages.

And 119,000 unsecured loans. They must be utter sh**t because the usual max. term is 5 years and we're well over that now.

Unsecured loans will include shortfall debt from repo's or short sales. 12 years to collect in England, Wales, NI - 5 in Scotland. Doesn't make it look much better though..

Edited by little fish

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Hope you're right. I have a

that UKAR will try to do a Kirstie and see if they can get the Ashford portfolio for asking :wacko:

Bad feeling too (brilliant link) :)

This sounds like a warning to me, from " Richard Banks, UKAR chief executive, said its financial results represented "good progress" but warned that a rise in interest rates would be a significant obstacle for many of its 467,000 customers."

https://uk.finance.yahoo.com/news/newly-listed-tsb-says-yes-130238847.html

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