The lender has introduced lending on a wider range of property types and a higher LTV for new build flats.

Product availability has increased by 250 compared to six months ago.

4 million of the 7.5 million aspiring homeowners in the UK don’t think they will ever be able to own their home.

Borrowers will benefit from a lower rate automatically as mortgage balances reduce and LTVs fall.

As part of his new role, Mark will support members' training and development.

Adverse credit criteria accounted for 26.77% of the top criteria in 2023.

Early 2024 sales activity saw a 33% increase compared to December last year.

The product uses the completion incentive budget offered by the housebuilder to enable Virgin Money to provide a lower interest rate mortgage.

Exclusives and product transfers are among the rate changes.

The largest increase is to a five-year fixed rate switcher product.