The mortgage market has recorded a record number of remortgage searches as investors look to future-proof their portfolios ahead of regulatory shifts.

The lender is reducing all 2-year fixed rates by 20bps and 5-year rates by 5bps

Rathi will serve a second five-year term as chief executive of the Financial Conduct Authority after initially joining the regulator back in 2020.

The rate reductions follow new £0 and 3% product fee options introduced to the lender's limited edition buy-to-let range just over a week ago.

The latest round of reductions is the second this week from the lender 

Valuations specialist VAS sponsors the new Hub, which is available to FIBA’s members through its website.

However, advisers are divided on how to charge for advising additional family members.

However, the OBR has upgraded its forecasts for the following years.

Annual core CPI inflation eased to 3.5%.

A hold was widely expected today due to rising inflation and strong private sector wage growth.