The bank has appointed a team of business development managers (BDMs) to work with UK brokers to handle queries and provide guidance.

The tool, delivered by fintech Paylink Solutions, allows customers to self-serve and provide their affordability using SFS guidelines.

After a rise of 222 products month-on-month, 2022 began with 3,528 BTL products on offer to landlords, the highest number recorded by Moneyfacts since September 2007.

PRIMIS’ appointed representatives will now be able to help clients access Vernon’s range of mortgages alongside its specialist lending knowledge.

Scott Marshall, managing director at Roma Finance, said: “I have said this before, but I have never been as excited about the future of Roma as I am right now."

The market share of new-build transactions fell from 10% in 2020 and 13% in 2019, according to research by the new-build sales optimisation platform Unlatch.

MBT Affordability is already available to various Connells Group subsidiaries and Dynamo and is directly integrated into the Connells point of sale system.

Alistair Morrison has over 10-years’ worth of account management experience including six years at Paymentshield.

Stephen Todd, chief commercial officer and co-founder of VAS Group, said: “2021 was a landmark year for our project monitoring divisions, whereby we have reached a level of work that clearly shows we are trusted by lenders to support their development portfolios."

Rates have been reduced on selected W1 specialist products for houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), with prices now starting from 3.34%.

The average buyer in 2021 was 32 years old and put down a £53,935 deposit on a first property costing £264,140.

Phillips said: “Now we have data for the entire year, we can look back at what has been a rollercoaster of activity."