The MPC vote was split three ways, with 5 members preferring to reduce Bank Rate by 0.25%.

First-time buyers are spending upwards of £30,000 in the first three months of moving into their new home.

The regulator wants to make it easier, faster and cheaper for consumers to make certain changes to their mortgage.

Nationwide has reduced rates by up to 0.30%, offering sub-4% first-time buyer rates for first time since September 2024.

The Mortgage Works has reduced buy-to-let and limited company mortgage rates by up to 0.30%.

The latest updates also see enhancements to Pepper’s AVM criteria.

The SPP says it is possible that some DC savers may see a reduction in retirement income of up to 20%.

The lender has reduced rates for new and existing customers looking for a new mortgage deal by up to 0.22%.

Frances joins the Group from Barclays, where she is currently head of mortgage intermediary partnerships.

The new portal offers an instant quote-to-application and real-time tracking.