Some welcomed more innovation for first-time buyers, while others raised concerns about the potential for negative equity.

New research from the Bank also shows growing demand for Shariah-compliant home finance.

Standard two-year fixed rates now start from 3.00%.

The lender says it is now delivering 80% of mortgage offers in 24 hours and 20% in two hours.

Advisers say products with more flexible criteria and which more easily allow capital repayment are most needed.

Liza has previously worked at L&G, Paragon, and Precise.

The inquiry will consider digitisation, a potential ban on referral fees, and a mandatory professional qualification for estate agents.

Simon Jackson, managing director of SDL Surveying, explores ways in which the industry can incentivise builders to build by offering first-time buyers more help getting onto the...

The five-year fixed rate is available at 5.99% on a maximum property value of £500,000.

Existing rates have reduced by up to 0.10%.