Customers can now borrow up to £55,000 more under the Society’s new stress testing.

The lender has reduced rates by up to 0.32%.

The Society's 100% LTV Track Record is at its lowest rate since launch.

The Loyalty Mortgage Saver account will pay a high variable interest rate of 4.80%.

Last year's report informed the creation of a cross-industry “route of disclosure” guide. 

Russ will be responsible for the delivery of the Society's banking and mortgage transformation strategies.

Residential and buy-to-let rates have reduced by up to 0.54%, alongside improved affordability.

The lender has also reduced rates by up to 0.20% and introduced a lower minimum loan size.

PEXA is launching its sale and purchase solution in the Autumn which will enable it to serve over 70% of property transaction types in England and Wales. 

Average revenue per adviser increased by 14% to £74,000.