Related topic: Redwood Bank

The move follows earlier improvements introduced this year aimed at strengthening borrowing power for SME borrowers and landlords.

The criteria changes help unlock more leverage for landlords looking to refinance, release equity or fund new purchases. 

The bank is bolstering its presence in the North East with an internal promotion.

Redwood is also bringing more choice to its commercial mortgage range.

The changes are designed to offer improved affordability with better leverage for landlords.

Rosemount advisers now have access to Redwood's commercial and buy-to-let mortgages.