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B&B sells property services

Bradford & Bingley has sold its property services businesses to Countrywide for £44.3m in cash while the fate of Charcol still remains uncertain. Goldman Sachs advised on the sale of B&B&#39s 307 estate agency offices and SecureMove Property Services. Countrywide has four main divisions – estate agency, financial services, residential surveying and valuation. In addition, Lloyds TSB Autolease has bought the portfolio of car financial credit associated for £5.2m in cash.

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