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Brokers report boost in buy-to-let business

Buy-to-let business made up 21% of brokers’ business in Q4 2010, up from 17% in Q3 and the highest figure since Q3 2007, says Paragon Mortgages.

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ROB ROBERTS: THINGS HAVE CHANGED

Nationwide backs down on claim that brokers push fixes for fees

Nationwide Building Society back-tracked on comments by one of its directors last week who accused brokers of churning fixed rate mortgages to get a fee. Chris Rhodes, product and marketing director at Nationwide, was quoted in last week’s Sunday Telegraph saying some brokers were pushing borrowers to fix, not because of the possibility of rising […]

Mike Lazenby calls it a day at OneSavings Bank

Mike Lazenby has stepped down as chief executive officer of OneSavings Bank. Lazenby was chief executive officer of Kent Reliance Building Society before JC Flowers bought a 49% stake in the society in return for a £50m capital injection – creating OneSavings Bank.

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