Computershare buys UK mortgage administrator

Suitor extends UK business, eyes growth potential in Homeloan Management Ltd.

Computershare (CPU) has agreed to buy a UK third-party mortgage administration business for £47.5 million ($A86.44m) as it extends its mortgage servicing business into the country.

The deal to buy Homeloan Management Limited from Skipton Building Society also includes an adjustment for surplus working capital, plus potential additional payments based on revenue growth in 2015 and 2016.


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