Skipton has also announced two current BDMs moving roles as part of maternity leave cover.

The new team will cover adverse credit, before expanding into commercial, bridging and second charges.

The lower ICR tier will increase the amount that basic or nil-rate UK taxpayer landlords can borrow.

The Society has launched a 95% LTV five-year fix at 5.75%.

The lender has appointed a naional account manager and two senior BDMs.

The number of buy-to-let properties taken into possession rose by 56%.

The product is available to those with past credit blips and those remortgaging from an adverse credit lender.

LendInvest has made reductions across its entire buy-to-let range by up to 15bps.

The funding will be used to expand the scope of the network to include mortgage brokers and lenders.

Two-year fixed mortgages are accounting for the majority of product searches.