The largest reduction is to a two-year fixed rate at 85% LTV.

Brokers will have access to Nomo’s residential and rental property finance products through the Sourcing Brain platform.

This is the first time the rate of growth has increased since December 2023.

The Society has also launched two new specialist 'Flex' products.

Arjan Verbeek, CEO of Perenna, explores how both the government and the mortgage industry can innovate to better support first-time buyers.

ColCap acquired a majority stake in Molo in February 2023.

The North East and North West are the only regions in which arrears growth rate increased.

Remortgage, professional and offset products are among the latest rate increases.

The lender has launched higher LTVs and increased loan amounts across the range.

The lender is introducing a policy that outlines the maximum brokers can charge for providing its products.