The changes cover purchase and remortgage products up to 75% LTV.

The market recorded its second highest total of new business so far this year by both value and volume.

One of the new products is a later life mortgage.

The Society has expanded its frontline support to include both field-based and dedicated telephone BDMs in every postcode area. 

CPI inflation is now nearly double the Bank’s 2% target.

Barclays has agreed to make a voluntary payment of £6.3 million to WealthTek’s clients.

Under the scheme, the government guarantees against potential losses on 95% LTV mortgages, enabling lenders to offer more high-LTV loans.

David Wressell, senior manager at Twenty7tec, explains how advisers can think beyond traditional approaches and embrace a more adaptive, diversified strategy. 

The FCA says the reforms will prevent compensation delays and provide predictability needed for innovation.

Accord will now lend up to 5.5 times income to first-time buyers at 95% LTV.