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Rates have reduced by up to 0.23% across the lender's ranges.

The move builds on enhancements introduced last week, which saw the Society reduce rates and simplify its core bridging finance range.

The lender says the move will benefit more borrowers, giving them lower pricing and a simplified structure.

The Society has appointed two new regional BDMs.

The Society has increased its maximum loan size to £3m across the range.

The Society has also reduced rates across its mortgage ranges by up to 0.36%.

The Society has also enhanced its tier 2 range to include more lending scenarios.

The Society says the changes will make the experience smoother for brokers and their clients.

The society will offer residential lending and regulated bridging finance from £200,000 to £5m in Scotland.

The reductions apply across solutions for residential borrowers, buy‑to‑let investors, expat clients and high‑net‑worth individuals.