Nigel Stockton, head of intermediaries at HBOS: “It is a game of two halves for HBOS in the mortgage ­market. Our market share in the first half of the year was disappointing – our front and back book pricing narrowed, which meant we were not competitive enough in the remortgage market. That has now been resolved and we are back on track. Our market share is back between 15-20%, and we have a lot of business in the pipeline for the second half, so we are expecting it to be a lot better. Our five-brand strategy is the envy of other lenders – 75% of our lending comes from intermediated business, so we certainly do still have a strong emphasis on that area.”