The lender has also increased maximum loan sizes and extended end dates.
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A typical mortgage holder with a deal expiring is set to pay £240 more per month.
The number of active customers fell by 31% in 2023 and 47% fewer new plans were agreed.
14% did not think the practice counted as mortgage fraud.
The specialist lender has increased its maximum LTV for debt consolidation purposes.
Transactions are down by 18% compared to December 2022.
Daniel Edmondson, national account manager at Advise Wise, looks at recent innovations and ongoing rate fluctuations in the equity release market, and predicts what new figures will...
Rates on five-year fixed rate buy-to-let mortgages start at 4.89%.
The Society aims to broaden the scope of choices available to brokers.
Tim was one of the founding members of Fluent Money in 2008.
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