The Mortgage Works now accepts applications where one applicant is only a shareholder.

The lender has reduced mortgage rates by up to 0.21%.

Richard Harrison, head of mortgages at Atom Bank, notes that around 2.5 million people are in debt to their water company and that this can be enough to push them out of the prime...

The Society has also announced buy-to-let criteria changes.

The new range provides short-term finance for landlords carrying out light refurb works before giving them the option of switching onto a longer-term fixed rate.

Rates across the range are down by up to 0.55%.

The average mortgage payment on a 90% LTV mortgage is now equivalent to the average rental payment.

Rates have reduced across the range by up to 20bps.

The products are aimed at those who anticipate changes in their financial circumstances or wish to take advantage of future rate adjustments.

March saw the highest volume of mortgage completions recorded since September 2021.