Shared ownership rates have seen the largest reductions.

Based in the Midlands region, Liam and Jack will offer a full range of finance services to businesses.

Both joined the lender via its graduate scheme.

Investment purchases now account for the largest portion of loan purposes.

The lender has also trimmed purchase rates by up to 0.09%.

Rates have reduced by up to 0.20%.

YBS has also reduced rates by 0.20% on its semi-commercial product.

Brokers stated that 'there are some estate agencies where conditional selling is almost standard practice'.

Donna Francis, managing director at Envelop, explores the ongoing pressures that are shaping the development landscape, particularly across residential and commercial sectors.

The changes to Accord's stress rates will allow it to offer bigger mortgages to more borrowers.