Amber Homeloans Group has sold a £10m prime mortgage portfolio to Universal Building Society (UBS), ...
Amber Homeloans Group has sold a £10m prime mortgage portfolio to Universal Building Society (UBS), via its subsidiary Skipton Mortgages. Portfolio sales are an integral part of Amber’s strategy as a trader and creator of mortgage assets.
Gordon Jolly, managing director of Amber Homeloans, said: ‘We are delighted that the opportunity arose to work with UBS for a second time, as this transaction follows Skipton Mortgages’s sale of almost £10m of mortgages to the society in December 2000, the first sale ever made by Skipton.’
