Jake Carter

The platform will be available to existing members of the mortgage club as well as new registrants.

In his new role, McMullan will be responsible for the introduction of Chestertons’ franchise programme and has over 30 years’ experience in the real estate sector.

The lender says that customers can also close fixed savings accounts to access cash with no ERCs, and it will allow refunds on credit card cash advancement fees.

A total of 66,002 residential mortgages were approved last month.

Average house prices in England increased by 2.2% to £252,000.

Davies has over 35 years’ experience in the financial industry.

FCA outlines areas of concern

The report found that the FCA had seen numerous positive corrections in the credit market.

The lender has also upped the maximum loan size on 80% LTV products to £2m, on 85% LTV offerings to £1.5m and on 90% LTV deals to £1m.

Members of Air Mortgage Club will now be able to access Chorley’s range of mortgage products.

The RLA cited the 3% stamp duty levy on extra housing added in 2016 as slowing down investment in new rented property.