Mark Hobbs will transition from CEO to chairman.

Two and five-year fixed rates are available for both standard and specialist properties, such as HMOs and multi unit properties.

Buy-to-let rates have reduced by up to 0.35%.

But 42% believe that Consumer Duty will have a positive impact on the quality and range of products and services available

The specialist lender has also added three-year fixed rate products to its DMP range.

The Society has introduced new lending into retirement and later life products to SimplyBiz members.

Offa says its new buy-to-let proposition will meet the needs of both Muslim and non-Muslim property investors.

The Bank says the launch is part of its continued focus on specialist lending.

The lender’s homebuying bundle combines mortgage and legal services with access to lower rates.

2,957 plans were agreed in May.