The lender has also reduced existing mortgage rates by up to 0.09% and increased others by up to 0.10%.

The cheapest five-year fixed rate at 60% LTV is now 4.14%.

UTB has announced changes to bonuses, limited company director and self-employed income, and contractor criteria.

Standard two-year fixed rate products have seen the biggest reduction.

The Society has also enhanced its buy-to-let criteria.

The Bank has announced a £100m investment in enhanced products and services.

DataColl8 combines technology and industry expertise to deliver bespoke solutions for data mapping and system integration. 

Mortgage Boost is available to both first-time buyers and existing homeowners on residential and buy-to-let applications.

The Alexa-style tool gives brokers real-time answers to criteria-related questions.

The lender has also reduced rates by up to 30bps.