60% of people have cut back on non-essential spending following the pandemic, rising inflation, and the ongoing cost-of-living crisis.

Bridge To Term first-year interest rate stands at 1% per month.

Buy-to-let five-year fixed rates now start at 5.69%, with up to 75% LTV.

Following the changes, the lender's standard purchase and development exit bridge now starts at 0.79% per month.

Regulated bridging rates under 50% LTV are now 0.61% per month, down from 0.68%.

Initial planning stages may reduce average house prices by around 3%, equating to £16,205 in Mole Valley.

Industry revenue fell 5.6% in 2024, dropping to £32.16 billion before the projected rebound.

Rates on regulated loans over £750,000 now start at 0.79% up to 60% LTV.

The lender's five-year zero fee HMO/MUFB product rate has been reduced by 10bps to 5.54%.

£1.1 billion in equity was withdrawn for property improvements in the first half of 2025, up 54% from 2024.