The cuts follow the lender's launch of a new range of two-year trackers last week

The project is expected to take between 6 and 9 months to complete, with the 18-month loan term allowing ample time for this and the subsequent sale.

2025 could see mortgage approvals hit their highest annual total since 2021, according to new research by Alexander Hall.

Almost two-thirds of property purchases are at risk from March's Stamp Duty deadline, according to new research.

A rise in the number of buyers returning to the market and a predicted uptick in new homes being built could pave the way for UK house prices to reach the next major milestone.

The lender has updated its criteria following research into 'side hustles'

From May this year, guidance around monitoring and reporting financial sanction breaches for letting agents comes into action, impacting almost 3 million homes.

The lender is also updating its stress rates across two-year fixed-term HPP and BTL products to boost affordability for customers.

Despite the continued slowdown in rental growth for new lets, tenants renewing their contracts have seen rents rise by 6.0% over the last 12 months.

The financial burden on UK landlords is heavier than ever, with property maintenance costs soaring by 26.24% since 2022, according to new research from Towergate Direct.