New research from the Bank also shows growing demand for Shariah-compliant home finance.

Standard two-year fixed rates now start from 3.00%.

The lender says it is now delivering 80% of mortgage offers in 24 hours and 20% in two hours.

Advisers say products with more flexible criteria and which more easily allow capital repayment are most needed.

The FCA recently launched a review innto how firms approach and treat customers in vulnerable circumstances.

Sales agreed are up 9% compared to a year ago.

Liza has previously worked at L&G, Paragon, and Precise.

The inquiry will consider digitisation, a potential ban on referral fees, and a mandatory professional qualification for estate agents.

The tool feeds customers back to a conversation with a protection adviser, who can then offer tailored support for their individual circumstances.

Simon Jackson, managing director of SDL Surveying, explores ways in which the industry can incentivise builders to build by offering first-time buyers more help getting onto the...