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Brokers already registered with either brand will be automatically entered into the prize draw.

The revitalised buy-to-let range gives brokers more choice with 2%, 3% and 5% arrangement fee options.

Alex previously served as chief customer officer at West Brom Building Society.

Extending NI to landlords’ rental income would hit individuals comprising 81% of the market.

Home finance complaints fell by 6%, while trust-based pension complaints rose 38%.

Premier, core and specialist rates have reduced by up to 0.25%.

The lender has introduced new fixed and discounted options, offering reductions of up to 179 basis points.

The provider has also updated its development finance product to allow full planning gain as a valid equity contribution.

The FCA says he "knew his conduct amounted to insider dealing, abusing his position of trust".

Nationwide has supported 23,000 first-time buyers via Helping Hand in the last 12 months.