Related topic: Buy-to-let

The Society will now accept joint borrower sole proprietor applications across residential, buy-to-let and holiday let.

Dave Burke has also been promoted to head of buy-to-let underwriting.

The lender has also increased the maximum term on its light refurbishment product.

The lender has reduced residential and buy-to-let rates by up to 0.29%.

The change will offer further flexibility to landlords who choose to finance their portfolio through a limited company.

HSBC is also introducing a new high value mortgage range from £2 million.

The Society has introduced lower rates and smaller deposits for first-time buyers, withenhanced criteria and 40-year terms available.

Rates now start from 3.59%.

The new buy-to-let and holiday let products are available for purchase, remortgaging and capital raising.

Molo has introduced a third product fee tier for UK residents, including all specialist products.