The Bank of England's Monetary Policy Committee has voted 8–1 in favour of reducing the Bank Rate from 5% to 4.75% with one member voting to hold the rate at 5%.

The specialist lender received 'remarkable feedback' from two independent credit rating agencies that were tasked with reviewing the firm's operations.

Confidence in the UK Housing Market remains high as consumers report feeling more positive about their ability to afford rent or mortgage payments despite rising costs.

Bridging lending has continued its record-breaking growth, according to newly released BDLA figures which show a 2.6% quarterly rise.

Self-employment continues to be a stumbling block when it comes to getting a mortgage

Higher borrowing costs are likely should the surge in swap rates continue

Enhancements made by the specialist lender include raising its maximum loan size and broadening the range of prospective applicants.

Landlord profitability has hit its highest level since 2022 despite ongoing challenges in the market.

The new products all come with a fee of 3%, with a minimum of £750

The current Stamp Duty threshold of £425,000 is set to revert back to £300,000 in April next year.