The Society has also launched new discounted rates and expanded its interest-only range.

On average, retired mortgage holders still owe more than £63,000.

Fleet says the increase recognises increased workloads for advisers.

The lender has increased higher-LTV mortgage rates.

Rosemount’s advisers will now have access to Atom's full range of mortgage products.

The annual rate of house price growth slowed to 4.1% in January, compared with 4.7% in December.

The Society has increased the maximum LTV and enhanced its limited company lending criteria.

The bank is also temporarily withdrawing its green remortgage range for residential and buy-to-let customers.

The lender has expanded its £0 fee option and introduced a new £1,495 fee.

Rates have reduced by up to 0.15%.