Start lost €2.7m last year

Start’s ultimate parent is South African bank and finance group, Investec, whose British subsidiary, Kensington, bought out the 28 per cent of the Irish company that it did not own last June


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The company became the biggest operator in the sub-prime market, and is the only one of four such lenders still in business here. It switched out of the sub-prime market two years ago and now operates as a conventional lender.

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Start employs 62 staff and has mortgages of €1 billion.

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