Total mortgage searches reached 1,088,120 in December, down 22.6% month on month but up 10.75% compared with the same period last year.

Typical first-time buyers borrowed around £236,000 in 2025, with average deposits of 22%.

Landlords have seen the biggest uplift in choice, with the number of buy-to-let mortgage products surging by 68% compared to last Christmas.

The two-year discount JBSP product offers 25% overpayment without early repayment charges, more than double the standard 10% allowance.

The society will lend up to 90% loan-to-value for skilled worker visa applicants with at least 12 months UK residency.

New research has revealed that a lack of lender appetite poses the biggest hurdle for mortgage brokers working with overseas clients.

First-time buyer searches have dropped 27.29% since May.

Homeowners remortgaging today could save £196.89 per month compared to those who locked in two-year fixed rates in October 2023, when the average rate stood at 5.94%.

Nearly 17% of UK adults describe the mortgage journey as daunting.

The bank’s Near Prime range now includes loan-to-values up to 90%.