TML's newly expanded rage follows increasing demand for shorter-term fixed products.

The average sold price in Q3 this year stood at £291,411, 21.4% below the average asking price of £370,672.

The purpose of Avamore's latest loan is to refinance the existing lender and provide 100% of the development costs for the scheme.

Rightmove's annual list of the happiest places to live, now in its 13th year, was completed by over 35,000 people across Great Britain.

In its full-year results, the lender also highlighted increases in the proportion of lending on properties with EPC ratings between A and C.

The sector has, in recent years, been plagued by ongoing volatility in the supply chain and labour market.

Almost a quarter of first-time buyers worry that mortgage rates won’t drop quickly enough for them to afford a loan.

Administrative burdens and regulatory pressures have been cited among surveyors and mortgage lenders as some of the biggest obstacles they currently face.

The new development is set to provide vital, high-quality student accommodation in the centre of Stoke with excellent amenities.

England’s rental market cooled further in November, with average rents down 3% during the month and the pace of year-on-year increases falling to a new annual low.