Related topic: Mortgages

The Society has reduced residential rates by up to 0.30%, with the largest cuts at higher LTVs.

The latest reductions cover remortgage AVM, free valuation, assisted legals, cashback, like-for-like and product transfer options.

The lender has increased its product transfer proc fee to 0.5%, alongside its 0.7% new business proc fee.

The Society has introduced a sub-5% two-year fixed rate at 65% LTV.

Simon Young, founder of Question.Marketing, outlines a short monthly check advice firms can run to find out what a buyer may already have been told before they speak to a broker.

Hannah has previously worked as a BDM for Santander, Skipton and Clydesdale Bank.

A key focus will be maintaining close working relationships between the underwriting and mortgage distribution teams.

The housing market has slowed as buyers delay moving plans, with sales agreed down 10.5% on last year.

Self-employed fixes up to 90% LTV and first-time buyer fixes at 95% LTV have reduced by 0.20%.

The Society’s rates now start from 6.12% fixed and 5.09% discounted for residential cases.