HSBC is also introducing a new high value mortgage range from £2 million.

The Awards programme recognises the work of marketing within the intermediary space.

The Bank has reduced residential mortgage rates by up to 0.50%.

The lender has also increased the threshold for communications and utilities account defaults in the last three years from £300 to £500.

Bailey says the Bank could be a “bit more activist” if inflation continues to ease.

David Binney, head of sales at Norton Home Loans, argues that all individuals, regardless of their background or income, should have access to useful and affordable financial products...

Each product comes with a reduced £595 product fee.

The Society has introduced lower rates and smaller deposits for first-time buyers, withenhanced criteria and 40-year terms available.

Second charge mortgages remain a mystery to two in three homeowners.

If successful, the campaign could cost the Government hundreds of millions of pounds in state pension arrears.