Paul Carley has worked for the lender for a number of years.

The number of new agreements fell to 2,689 over the month.

New business increased by value and volume for the first time since January this year.

Ryan was previously commercial banking officer at Lloyds and CEO at The Loans Engine.

The number of completions was the highest in 2023.

Susan Baldwin, interim head of lending at Evolution Money, explores common misconceptions in the second charge lending market and why hesitation remains among some advisers when it...

The changes include new tracker, fixed rate and buy-to-let products alongside simplified criteria.

In May 58% of new agreements were for the consolidation of existing loans, 14% for home improvements, and a further 23% for both loan consolidation and home improvements.

Susan Baldwin, interim head of lending at Evolution Money, explains why she anticipates second charge mortgages to play an increasingly important role in helping homeowners consolidate...

The Bank said it would communicate with broker partners to keep them up to date with developments.