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The expansion adds Coventry Building Society and Godiva Mortgages, a subsidiary of Coventry, to Iress’ panel of connected lenders.

Total bridging completions are estimated to reach £8bn across 2026 as a whole.

Jade Burden joins as operations project manager, while Marianna Maragkoudaki joins the underwriting team.

48% of homebuyers are either already sitting on the sidelines or considering doing so until the government has shown its hand.

Today’s figures put a rate hike "into the category of a genuine consideration", with at least one expected this year, industry experts say.

Laz Doel previously spent 10 years as a mortgage and protection broker.

The Bank originally launched the initiative across its residential investment mortgage range in July.

A second round of mortgage rate increases has been made by major banks for the second time since the start of September.

The new product gives brokers access to funding designed specifically for mixed-use property.

He will replace James Briffitt, who is retiring after nearly 20 years of service at Nationwide.