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Mortgage cancellations climbed 36.4%, the largest annual jump in value in four years.

Purchasing an investment property is most popular use of bridging finance.

The platform is designed to support faster, more informed product development, pricing strategy and market positioning.

ResiOne complements Cohort Capital’s existing suite and sits alongside ResiPrime and commercial products.

The increases span purchase, remortgage and product transfers.

The biggest challenges are long decision times (28%), excessive paperwork (22.6%), and poor customer service (18.9%).

The lender has enhanced its development finance offering to lower the upfront cash burden on developers.

Norton says the new facility will enable it to support a wider section of the non-standard mortgage market.

The product is now also available on Skipton’s 100% Track Record Mortgage and shared ownership options.

The bank created a plan to harm the Qatari Riyal through manipulative trading strategies.