Demand for bridging finance increased in Q2, with gross lending hitting £201.8 million as borrowers sought to save their transactions amid ongoing uncertainty. 

The new feature is being piloted as part of Perenna’s participation in the UK Government’s Green Home Finance Accelerator.

The Society aims to provide enhanced financial services to businesses in the UK’s hospitality sector through NACFB patronage.

The Ombudsman is calling for greater protection from poor quality new build housing.

Buy-to-let rates have also reduced by up to 0.20%.

The Society has also launched a new limited company buy-to-let product.

The greatest rate cuts apply to longer term fixed rate mortgages.

Rates in Virgin's purchase and remortgage ranges by up to 0.29%.

Buy-to-let remortgage products have seen the largest rate cuts.

Five-year fixed rates now start from 4.08%.