
Cardiff Crown Court heard that Claire Free used a “senior managerial role” at the society at which she had worked for 23 years, to forge letters from a dead customer to take their savings.

In Q2 its mortgage book stood at £95.3bn, up from £86.8bn from Q2 2018. HSBC reported its profit after tax rose by 18.1% to $9.9bn.

The 7-year fix is at 75% loan-to-value (LTV) at 2.34%, available for purchases and remortgages. It comes with a £495 fee.

Tony Ward, chief executive of Home Funding and director of Fortrum and Robert Sinclair, chief executive of the Association of Mortgage Intermediaries, both agreed this is likely to happen due to how competitive the industry is.

Baddeley-Chappell, who’s also principal consultant, homanity, was speaking this morning at a Westminster Business Forum Keynote Seminar about ‘‘The UK mortgage market – sector growth, regulating lending practices and the future for ‘Help to Buy’’