IMLA now has a total of 69 full and associate members.

The lender has launched a range of products across its F1 and F2 residential credit tiers.

New rates start from 4.84%.

Rates now start from 3.20%.

The Bank has introduced a new maximum LTV of 75% on mortgages up to £5m.

The acquisition will complement Chetwood’s soon-to-launch ModaMortgages’ proposition.

April Mortgages products are available on 5-15 year fixed rate terms.

The lender has announced changes to its stress rate for five-year products.

The average earnings to house price ratio has more than doubled from 4.0 in the 1990s to 8.1 today.

Rates have reduced by up to 16bps.