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Birmingham Post
Birmingham Post
Business
Hannah Baker

Rightmove rival OneDome takes over Bristol mortgage broker in pre-pack administration deal

Rightmove MP Bristol Interpath Advisory

The subsidiaries of a Bristol mortgage finance company that fell into administration last month have been sold off in a pre-pack administration deal.

CMME Group Limited is a non-trading holding company that appointed administrators from Interpath Advisory in December. Its two trading firms - CMME Mortgages and Protection (M&P) and wealth manager Contractor Wealth Management (CWM) - were sold off to OneDome Finance, a subsidiary of London-based property platform OneDome.

Neither M&P or CWM entered an insolvency process and continue to trade under the control of the directors. CMME's 65-strong team have joined the OneDome Group as part of the transaction.

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