Jessica Nangle

The forecast is based on a Brexit deal being reached by 31 October.

TSB reduces rates

The changes involve products for home purchase and remortgage borrowers.

The Tipton’s Charitable Foundation launched in 1999.

Product transfer rates were 1.7% lower than seen in 2018.

The bridging lender says the deals are due to their asset based approach to lending.

Joanna Place, chief operating officer at the Bank, spoke at the Women of the Square Mile event today in Olympia, London.

This option will be available to new and existing borrowers up to 75% LTV.

Brokers are able to enter enquiries on the sourcing platform or call Promise directly.

Changes include reductions of up to 0.10% for 5-year fixed remortgage products up to 75% LTV.

The scheme has gross development cost of £500m and will provide around 1,000 homes.