Related topic: Mortgages

The lender has also increased LTVs and maximum loans sizes on its Optimal 1 and Optimal 2 products.

The increase to 80% LTV gives brokers greater flexibility when structuring finance for eligible HMO applications.

The latest reductions span purchase, remortgage and product transfer.

The lender has reduced rates by up to 0.19% across its residential purchase and remortgage ranges.

A household on an average combined income of £53,500 can now afford a home listed at up to £301,000.

High LTI lending by individual lenders can now exceed 15% of their total number of new residential mortgages.

An update to Foundation’s holiday let criteria allows property owners to reside in their properties for up to 60 days per year.

The lender's lowest residential rate is now at 4.95%.

A lender has detected a suspicious case involving an AI agent, with brokers and lenders urged to recognise the risks accompanying the rapid adoption of the technology.

Firm intelligence and AI search support the rollout of Fluxifi’s platform for mortgage, protection and property finance advisers.