Molo has introduced a third product fee tier for UK residents, including all specialist products.

She succeeds Marshall Bailey, who is stepping down after two terms as FSCS chair.

The pair have a combined 55 years' experience in the specialist lending markets.

The survey aims to gather insights from brokers on how well-equipped they feel in dealing with vulnerable clients and what support they need from lenders.

The acquisition will include Tavistock Partners alongside the Abacus and Duchy brands.

The acquisition has created the second largest provider of mortgages and savings in the UK.

The lender has increased the maximum LTVs on its specialist and QML Pro ranges.

Retirement interest-only rates have seen the largest reductions.

8.4 million people (16%) have experienced adverse credit in the last three years.

The cover will be tailored to the unique requirements of both homeowners and landlords.