Participants will walk as part of Team MIMHC while raising awareness and funds for the Niall Stringer Foundation.

Spending on home improvements remains the biggest reason for accessing property wealth.

Earlier this week the Society reduced its stress tests, giving borrowers the chance to borrow up to £35,000 more.

Five-year fixed rates now start from 4.64%.

The stress rate has been reduced by up to 2% and is expected to increase affordability on a typical joint application by around £30,000.

The Society has strengthened its mortgage distribution team with two senior corporate account managers.

The lender has introduced 'best buy' two-year fixed rate purchase products.

The Group will extend its First Time Buyer Boost offering through Lloyds Bank and Halifax.

Rates and fees to be based on each applicant’s bespoke circumstances, with no extra legwork needed by brokers.

The changes will increase maximum borrowing by 8-15% for many mortgage applicants.