Quote:
Originally Posted by ~Helen~
aren't the halifax in a bit of trouble atm? i'm sure i saw that on the new y'day...amongst other banks.
i'm not in this position, but if a bank you've borrowed money from goes bankrupt, do you therefore still have to repay the money? or if it's borrowed against your house, do the administrators therefore come and repossess your house on the basis that it belongs to the bank, which owes money???
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Lloyds TSB are to take over Royal Bank of Scotland, which owns Halifax, from what I heard today.