Tom Denman-Molloy, intermediary sales manager at Mansfield Building Society, says recent criteria changes are not about going back to pre 2022 conditions, but about making sensible...

The lender’s bridging loans now start at 9.09% in the UK.

The lender has increased the maximum loan amounts and LTVs for AVM, desktop and drive-by valuations.

The extension follows the launch of 80% LTV products for purchase and remortgage in April.

Feedback on new buyer enquiries and agreed sales remains relatively downbeat.

Northern Ireland, Wales and Scotland see strongest annual price growth.

The Society has introduced free valuations and fee assisted legals to the range.

The new platform enables brokers to obtain multiple and bespoke quotes on the same case, as well as instant pricing and credit-backed DIP decisions.

The report outlines major concerns for Gen Z, low to middle-income earners and self-employed workers.

The product has been developed in response to affordability pressures and regulatory shifts.