Research by Dwelly has found an annual increase of 13.8% in the average cost of a void period between December 2024 and December 2025.

The PBSA building comprises 196 studios and achieved 100% occupancy immediately after opening.

The lender's standard range now starts at 2.74%, while its specialist range begins at 2.79% following the latest cuts.

The closer partnership comes in the wake of upcoming rental reforms.

The launch follows last week’s introduction of two new two-year tracker products and two zero-fee, five-year fixed-rate options, also within the Premier range.

The firm has traded more than 5,000 properties across the UK since 2012.

The new home will measure approximately 4,000 sq ft and replace a 1940s prefabricated property.

Demand for two and three-bedroom homes is outpacing smaller properties in six regional markets, reflecting renters staying in the sector for longer.

Eleven properties sold for more than £1m, with six exceeding £2m.

Buy-to-let lending accounted for 8.2% of total mortgage lending in Q3 2025.