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Members have agreed to a special resolution, broadening the Council’s remit across all forms of later life lending.

Tanya brings two decades of experience in financial services to the role.

The lender has also cut rates by 5bps across its standard buy-to-let ranges.

Stress tests have also been lowered across Metro Bank’s two-year fixed rate products.

Trudy Woolf, director of lender services at e.surv, says collaboration across sectors can turn the tide on housing supply for the benefit of buyers, builders and communities alike.

The bank has introduced more sub-4% fixed rates.

The Society’s SVR is also reducing by 25bps.

Residential remortgaging remains the standout area of activity.

New business and product transfer fixed rates are seeing increases.

Richard will work alongside Terry Lloyd, head of vendor, combining their complementary skills and networks under one umbrella.