The Mortgage Intelligence AR network and Next Intelligence Club can now access Perenna's long-term fixed rates.

The platform supports the entire mortgage journey from initial enquiry to application submission and completion.

In the past 10 years the long-term trend has been a surge in commercial lending compared to residential.

The latest reductions follow cuts to its three-year fixed rates last week.

The Society has introduced a new lower rate for basic rate tax payers.

The government has announced a new package to deliver a mix of homes for sub-market rent and home-ownership.

The Society’s foreign national mortgage offering, launched earlier this year, supports skilled foreign nationals settling in the UK.

Briggs becomes intermediary sales director for the new specialist lender.

Overall buy-to-let product availability also rose month-on-month.

The Society has also enhanced its criteria with larger maximum loan sizes and reduced rates.