Members have already created the first version of on an industry-wide property data trust framework.

Advisers cite compatibility with existing systems and cost of switching as the top barriers.

The lender has also increased maximum loans sizes on second charge and consumer buy-to-let.

The lender has also introduced new residential purchase exclusives.

The Society says the reduction reflects a change in market conditions and lending costs. 

The Society has also enhanced its criteria on expat applications.

James previously spent more than a decade at Lloyds Banking Group.

The criteria search fintech aims to enhance lender and broker collaboration.

The latest reductions span the lender’s full product range, including New Built Boost.

Connor Ross, property finance expert at BridgeCross Finance, explores AI's role in property finance and how it affects the role of the broker.