Ethnic minority-led businesses are also twice as likely to have complained to their lending provider.

The lender has reduced five-year standard and standard cashback product rates.

Rosemount members will now have access to mortgages from CHL Mortgages and ModaMortgages.

New buyer enquiries and agreed sales tip slightly negative.

The changes could enable landlords to borrow more when buying or remortgaging a buy-to-let property.

The new broker solution aims to drive engagement and retention and generate additional revenue.

The route runs from Digbeth in Birmingham to London Victoria.

The lender has seen growing demand for flexible short-term property finance solutions.

The regulator says it wants to "avoid additional burdens on firms at this time".

The regulator has also abandoned plans to introduce diversity and inclusion rules.