Jessica Nangle

Jessica Nangle is deputy editor of Mortgage Introducer

The enhancements include refined postcode ratings and eased credit history terms.

Other search highlights include ‘payday loan’ which featured for the first time in the second charge sector and interest-only.

The research also suggests that 69% of landlords intend to fund their next portfolio purchase with a traditional BTL mortgage.

Lenders decline a third of customers as they do not meet their full lending criteria.

The solution hopes to enable lenders to process mortgage applications more efficiently.

There is also a 2-year discount mortgage at 2.40% reduced from 2.59% at 90% LTV.

Javid has suggested that he is looking at reforming the tax to support first-time buyers.

The Advanced Rent Option (ARO) is set to launch in late August.

Hastings is a former chief executive at Barclays Bank Ireland.

This comes in response to broker feedback to understand what intermediaries most needed.