The product is available for purchase or remortgage up to 90% LTV.

The North East was the English region with the highest house price inflation, at 7.8%.

Gavin Diamond, CEO of Inspired Lending, says the sector is now seeing a greater share of schemes that are more ambitious and more complex in both scope and execution.

The new BDMs will cover the North of England and Midlands regions.

Michelle previously spent 23 years at Close Brothers Invoice Finance. 

Updates include a new set of five managed funds, new digital functionality, dripfeed drawdown, and streamlined platform charges.

74% of brokers believe mortgage products are no longer fit for how people live and work today.

The Broker Assist team works closely with brokers throughout the mortgage application process.

The lender is also reducing rates across its two-year Summer Special products by 0.20%.

Industry experts are now split on when the Bank of England will next cut interest rates.