85% of mortgage brokers are seeing growing buyer interest for ‘new towns’ and over four fifths believe they will transform the homeownership market.

The Society has also introduced a new feature that lets multiple applicants share mortgage costs over different time frames.

A third of first-time buyers think now is a good time to buy a home.

It is launching with a five-year fixed rate mortgage and will be available to applicants on Visas.

The lender has also reduced rates across the range.

David Castling, head of intermediary distribution at Atom Bank, says the mortgage industry can - and should - go further to improve the speeds at which we work.

Rate cuts apply for both new and existing borrowers.

The boost will allow the business to scale and diversify its offering to brokers and developers.

Rates now start from 4.39%.

The survey urges SMEs to broaden their horizons when it comes to investing in growth.