Russell Anderson will become Paragon's commercial director, taking over Louisa’s current responsibilities, while Lisa Steele is promoted to mortgage lending director.

HSBC is increasing its maximum lending limits by 5%.

Mortgage rates are now at their lowest level since March 2024.

L&C Mortgages is the latest to add West One to its panel following the lender’s move into the owner-occupied market in October 2023.

The new feature is being piloted as part of Perenna’s participation in the UK Government’s Green Home Finance Accelerator.

Buy-to-let rates have also reduced by up to 0.20%.

The Society has also launched a new limited company buy-to-let product.

The greatest rate cuts apply to longer term fixed rate mortgages.

Rates in Virgin's purchase and remortgage ranges by up to 0.29%.

Buy-to-let remortgage products have seen the largest rate cuts.