The Society has launched four new products in the ranges.

Together Premier will specialise in large, complex and time-sensitive residential property mortgages as well as bridging loans.

The number of pure interest-only mortgages has dropped by 70% over the past decade to 664,000, representing only 8% of the residential mortgage market.

Advisers will now have access to expanded customer types and increased flexibility.

House prices are unaffordable for low-income households across all four regions of the UK.

Homeowners could release an average of £69,600 worth of equity release from their homes using equity release – a 20% increase on five years ago.

Since the start of 2024, the average five-year fix has not dropped as much as its two-year counterpart.

In the ten months to October 2024, new business volumes were 17% higher than in the same period in 2023. 

Jaxon Stevens, relationship director at ASG Finance, says the most ambitious projects are likely to bring higher returns in the current market.

Over a third of advice firms believe there’s been no progress towards the Consumer Duty’s Products and Services outcome.