New rates start from 4.84%.

Rates now start from 3.20%.

The Bank has introduced a new maximum LTV of 75% on mortgages up to £5m.

The acquisition will complement Chetwood’s soon-to-launch ModaMortgages’ proposition.

April Mortgages products are available on 5-15 year fixed rate terms.

The lender has announced changes to its stress rate for five-year products.

The average earnings to house price ratio has more than doubled from 4.0 in the 1990s to 8.1 today.

Rates have reduced by up to 16bps.

The lender has added two-year fixed rates and two-year trackers to the range.

Both products are available for borrowers with adverse credit.