Budget 2015: £13bn mortgage sale to spark more deal activity

Budget 2015: £13bn mortgage

Budget 2015: Andrew Jenke, Partner, Portfolio Solutions Group at KPMG comments on government's £13bn mortgage sale.

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Andrew Jenke, Partner, Portfolio Solutions Group at KPMG, said: “Over the past five years, banks have found it hard to exit non-core UK residential mortgage portfolios. This has changed recently because of more new lenders, greater demand for UK RMBS and surplus liquidity from larger banks. We expect to see further demand and deal activity in this space through 2015, evidenced by the Chancellor’s comments.”



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Chancellor’s Budget 2015


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