Related topic: Mortgages

The lender has hired a regional account manager, proposition and delivery manager, and sourcing and distribution manager.

Firms are being urged to review their systems as new guidance sets the standard for customer vulnerability management.

The Society says affordability will now be assessed through a more rounded view of income and outgoings.

OPDA says the review gives brokers a "unique opportunity to deliver transformational change".

The change will allow eligible customers to borrow up to an additional £33,000. 

The North East is the most affordable region, offering best opportunities for shared ownership.

Borrowers save an average of £125 a month on their mortgage payments as a direct result of working with a broker

The new partnership aims to deliver faster and more accurate lending decisions and deeper property insights.

The updates follow the recent Budget, which Investec says has delivered the policy certainty many high-net-worth borrowers were waiting for.

Paragon launched the streamlined service for single self-contained properties in the summer.