The lender has cut rates on its two-year product transfer range for existing customers.

Simon Jackson, managing director of SDL Surveying, says there are some optimistic predictions for 2025, which could help bring us back to a more competitive remortgage market.

An overwhelming 95% of property professionals expressed doubt that the new government target of 1.5 million new homes for this current parliament will be achieved.

Demand for an outside the box approach from lenders has been a common thread throughout the survey, with many brokers looking for greater storybook lending. 

Selected 85% and 90% LTV two and five-year fixed rates have increased by up to 0.15%. 

The highest perceived benefits are in data and analytical insights, anti-money laundering (AML) and combating fraud, and cybersecurity. 

The AI chatbot answers criteria queries instantly from internal staff, brokers and customers.

KSEYE’s Lite products are now also available for properties in major UK cities, alongside London and home counties.

The lowest rate on offer is now a five-year fixed rate remortgage at 4.17%.

The lender has also holding rates across the range.