Catalyst will maintain its brand identity and continue to run as a separate entity.

The bridging lender has expanded its sales team.

The regulator says ‘older people may not know about the full range of options available to them as they approach retirement’.

The regulator has also removed 1,600 websites promoting financial services without permission.

The panel has launched with six broker firms.

The rate reductions span mortgages for both new buyers and existing homeowners.

Purchase and remortgage rates have benefitted from the rate reductions.

Purchase and remortgage rates have reduced by up to 0.19%.

Markets are now pricing in an August cut to Bank Rate.

Clydesdale has also introduced new fee offer products across its residential and buy-to-let ranges.