Nationwide is also the first major lender to offer a sub-5% rate on its standard range to those with a 5% deposit.

The Bank is withdrawing buy-to-let two-year tracker rates in the new business and product transfer ranges.

Two-year fixed rates now start from 4.02%.

The client is free to repay their lifetime mortgage in full at any point without incurring an ERC.

Members can now become Later Life Lending Accredited Advisers.

The lender has announced rate reduction of up to 0.62% across its fixed rate products.

The lender has reduced residential and development exit, refurbishment, no valuation and bridge-to-let rates.

Brian has held previous roles at Funding 365, Pivot and Saxon Trust.

The insurer has secured new lender and intermediary partnerships.

The UK housing market has returned to growth with £88bn spent in Q2 2024.