I met the CTC team just before Christmas, "i would take it with a pinch of salt", but they claim to be in advanced negotiations with another lender and are planning to introduce a new funding scheme within the near future. Obviously, due to the current economic conditions the terms and conditions of this scheme will be tighter than those that where offered by HSBC.
If you have your heart set on going through the wings programme i would advise that you sit tight for the near future and see if CTC can, as they claim introduce another finance package. That's my plan anyway!!!!