Tim was previously with Perenna Bank and has also run his own brokerage.

The Society has introduced a new distribution team alongside its lending department.

March was defined by heightened anticipation and activity ahead of the stamp duty changes.

The new product provides intermediaries with a dedicated solution for clients looking to invest in properties with a mix of commercial and residential uses.

Rates are available to residents from over 100 countries, including China, Hong Kong, Singapore, and across the European Union.

Samantha has held previous roles at Dudley Building Society and LiveMore Capital.

The lender has also reduced rates across its existing Property Plus range.

The warning comes as FCA suggests its advice proposals could reduce broker-led sales by up to 7.5%.

Specialist residential and HMO products have seen some of the largest reductions.

The lender says the new mortgage division will offer a more joined-up approach to distribution and better service for brokers.