The number of sales agreed among resale properties is now 6% higher than in 2019.

The specialist lender has enhanced its new build, AVM and age criteria.

Darlington Building Society has partnered with Own New's rate reducer scheme to offer affordable mortgages for those buying new build homes.

The changes will allow borrowers earning over £50,000 to borrow more.

Morné has spent the past 24 years at Lloyds Banking Group.

Applicants will need a smaller deposit than previously required to secure a mortgage with the Society.

Buyers can now apply for a Nationwide mortgage on a new build house with a 10% deposit.

The Ombudsman is calling for greater protection from poor quality new build housing.

The change could decrease the amount needed for a customer’s average new build deposit by £20,000.

The offer period has also been extended to nine months.