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The FLS is giving smaller lenders a helping hand

Smaller mortgage lenders are continuing to take market share from the established big lenders. Primarily, this reflects most big lenders consciously reducing the size of their mortgage books after being stung by the financial crisis. But the FLS, both directly and indirectly, has catalysed this process by reducing the costs faced by those smaller lenders wishing to take a bigger share of the market.

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