The funding will be used to enhance the lender's specialist mortgage proposition.

It will also accept applications for capital raising where the applicant has sufficient equity in an existing property.

The Society launched its shared ownership range in December 2024.

Rates have reduced by up to 155 basis points across Kensington’s core and prime buy-to-let ranges.

The updates apply across both core and specialist ranges and cater to a variety of borrower profiles.

The lender has also launched new limited edition buy-to-let products at 65% LTV.

Four of the top seven busiest days ever were recorded for ESIS documents in the 90%+ LTV market.

Rates across the Society's Credit Revive and Credit Restore ranges have reduced by up to 40bps.

The Mortgage Works has reduced buy-to-let and limited company mortgage rates by up to 0.30%.

The maximum loan is now segmented in to three groups, which allows brokers to compare maximum loan with and without fees.