The lender has announced the appointment of a new field-based BDM as well as an internal promotion.

2-year fixed rates start from 4.72%, 5-year fixed rates start from 5.21%

The bank has also announced reductions on selected rates and the withdrawal of its 75% LTV purchase exclusives.

Annual house price growth has rebounded in May to 1.3% - up from 0.6% in April

The lender aims to support more borrowers by raising the maximum LTI and updating its affordability assessments.

The app-based bank has announced a series of rate reductions on its Prime and Retention product ranges.

First-time buyers are proving remarkably resilient despite ongoing financial headwinds, with application volumes recently overtaking those by home movers for the first time.

Applications saw a 17.5% rise on the previous quarter, according to ASTL data

Mortgage Advice Bureau has completed its acquisition of First Mortgage Direct, following the purchase of the remaining 20% shareholding in the business for £9.35m.

The new product has starting rates of 6.69% for loans over £1m and has been specifically tailored to the sector following feedback from brokers.