Nationwide also introducing a range of new £1,499 fee products at 90% and 95% LTV.

The decision overturned a previous ruling that would have seen HMRC claim inheritance tax on properties placed in trust decades ago.

The cheapest two-year fix is now 0.60% lower than this time last year.

Paddy has held previous roles at Barclays, Evolution Money and Goldentree Financial Services.

Wager joins the broker after more than 28 years with Barclays.

A hold was widely expected today due to rising inflation and strong private sector wage growth.

Conor McDermott, director of SME lending at LHV Bank, explores opportunities for commercial brokers as investors look to optimise their current investments and explore new ones.

The partnership will give more brokers access to the bank’s range of Shariah-compliant property purchase products.

Virgin has also launched new five-year fixed rate product transfer options from 4.04%.

Assetz says the enhanced funding model enables quicker site acquisitions, faster project commencements, and reduced reliance on mezzanine finance.