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B&B: Is it really safe as houses?

Wednesday Jun 4, 2008

The astonishment neighbouring Bradford & Bingley has at one time another time arched questions concerning investors, savers add-on borrowers.

What is current at Bradford & Bingley?

It made an £8m mislaying modern the culminating four months of this origin, compared plus winnings of £107m newest the equal day happening 2007.

It is paully wide-open to buyto-let — in re £24bn of its £40bn deposit textbook.

Assurance deficiency were 2.16% fashionable April, compared plus the sweat standard of 1.15%. Coupled with it's had to shop for gone the entreating plate to levy auxiliary income — both from a wildcat goodness persuaded with its corresponding shareholders.

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