The maximum loan is now segmented in to three groups, which allows brokers to compare maximum loan with and without fees.

Terry will be responsible for developing and growing the business’ invoice finance position and brand across London and the South East.

Two and five-year fixed rates have reduced by up to 0.27%.

Bridging rates now start from 0.83%.

The Bank's highest LTVs have seen the largest rate reductions.

The new portal offers an instant quote-to-application and real-time tracking.

Rate cuts apply across the lender's first-time buyer, home mover and remortgage ranges.

The lender has reduced rates for new and existing customers looking for a new mortgage deal by up to 0.22%.

David will play a key role in the work to consolidate the PSR into the FCA.

The MPC vote was split three ways, with 5 members preferring to reduce Bank Rate by 0.25%.