The society has announced that it has further strengthened its residential product offering with a new suite of fixed-rate and variable-discount products.

The UK’s mortgage broker industry has grown by 110% in the last decade and is now forecast to reach a total market size of over £2.5bn, according to Octane Capital.

The lender's new W3 range is comprised of two 5-year products aimed at borrowers who can "demonstrate that their problems are behind them."

Paradigm member firms will now be able to access the full range of MFS products covering both buy-to-let mortgages and bridging loans.

The number of different mortgage products available has now risen to 6,307 options, its highest level since February 2008.

Average first-time buyer deposits remain eye-wateringly high regardless of the Bank of Mum and Dad's generosity.

Molo's full buy-to-let offering is now available to Network members following the move.

Record levels of tenant demand have seen average rents climb by 28% since March 2020.

New research has revealed that the percentage of tenants choosing to live alone reduced by 8% between 2021 and 2023.

The 12-month loan was underwritten at a 75% LTV.