Mortgage lender sees market upturn

Aug. 10, 2005
Specialist mortgage lender Bradford & Bingley has reported a 6% increase in profits after a rebound in the buy-to-let mortgage market in the second quarter. The company said profits rose to £147.9 million for the first six months of the year from £139.4 million. Underlying profits rose to £150 million. Chief executive Stephen Crawshaw said: "While the outlook in the …

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