Administrators from KPMG have been called in following the collapse of wholesale lender, Victoria Mortgage Funding.
The firm's appointment was announced by regulator, the Financial Services Authority after the group was placed in administration.
Christine Laverty and Michael McLoughlin of KPMG have been appointed as joint administrators of the lender.
Up to 381 customers who have current mortgage offers may be affected.
Further reading:
KPMG extends hand to black community
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