The government and FCA are considering relaxing mortgage affordability rules to boost first-time buyer lending.

High-LTV products have seen the largest rate reductions.

Rates now start from 4.09%.

The bank says this is due to a recent increase in five-year market swap rates. 

Mortgage rates are reducing across residential and buy-to-let products for existing customers.

Some buyers have had mortgage offers withdrawn concerning following allegations of fraudulent fire safety certificates.

The package includes a commission advance scheme where new advisers are able to access an interest free loan.

The CRM system allows Gatehouse to manage direct business through from enquiry to completion.

First-time buyers are looking for more flexible ways to borrow, but the market is not always meeting these needs, brokers say.

The technology aims to transform the traditional mortgage process by automating repetitive and time-consuming administrative tasks.