The Society has introduced lower rates and smaller deposits for first-time buyers, withenhanced criteria and 40-year terms available.

851 potential homebuyers were fined over £5,000.

New sales agreed are 25% higher than a year ago as buyers return to the market.

The latest reductions cover Virgin's residential purchase and remortgage ranges.

Rates now start from 3.59%.

The short-term property finance provider is looking to expand its presence in the South East.

Saffron has reduced rates by up to 0.60% and launched an 85% LTV range, improving affordability for contractors and self-employed borrowers.

The new BDMs will join the residential and specialist distribution teams.

The new three-year fixed rate at 3.75% is the lowest rate the lender currently offers across its fixed rate range.

When it comes to property hunting, 17% will specifically look out for what the EPC rating is.