The reduction allows applicants to borrow on average £28,000 more.

The reduction allows applicants to borrow on average £28,000 more.
The product combines elements of both interest-only and capital and interest.
The lender has cut two-year fixed rates at 90% and 95% LTV.
Will Rice is remaining with the lender in a non-executive role.
April saw over 100,000 searches conducted on Knowledge Bank for the first time this year.
Possessions increased during Q1, but remain significantly lower than long-term averages.
Recruitment is underway for a number of new roles, including within Movera’s financial crime, advisory, client care and technical support functions.
The database outlines how to declare a customer as vulnerable to each lender.
The tech provider has appointed a new head of sales and national sales manager.
Mortgage lenders predict strong growth could mean a 'further base rate cut next month has all but disappeared'.
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