The MPC vote was split three ways, with 5 members preferring to reduce Bank Rate by 0.25%.

8th May 2025
The MPC vote was split three ways, with 5 members preferring to reduce Bank Rate by 0.25%.
The latest updates also see enhancements to Pepper’s AVM criteria.
The lender has promoted three regional sales managers.
Rates in the range start from 5.74%.
Tom Denman-Molloy, intermediary sales manager at Mansfield Building Society, says recent criteria changes are not about going back to pre 2022 conditions, but about making sensible...
The lender’s bridging loans now start at 9.09% in the UK.
The lender has increased the maximum loan amounts and LTVs for AVM, desktop and drive-by valuations.
The extension follows the launch of 80% LTV products for purchase and remortgage in April.
Feedback on new buyer enquiries and agreed sales remains relatively downbeat.
Northern Ireland, Wales and Scotland see strongest annual price growth.