Mortgage Hub has reduced the time between application and offer, providing a decision in principle in 20 seconds.

In London, only 8% of homes for sale are set to be stamp-duty free for first-time buyers from April. 

Rates have reduced by up to 0.14%.

Mortgage costs as a percentage of income have fallen to 29% from 33%.

Rates start from 4.27%.

The bank is also launching a new range of two-year fixed rates.

The lender has introduced product switch rates for landlords with large HMOs and multi-unit freeholds. 

Rates in the range start from 4.04%.

The lender has removed the maximum accepted annual rental limit – previously set at £100,000.

The new range caters to buy-to-let and holiday let customers across England, Scotland, and Wales.