Michael Lloyd

This is the lowest figure recorded since December 2017, when the number of tenants experiencing rent rises was 16%.

There’s a 5-year fix at 2.75% (4.8%APR), a reduction of 0.30% on its current rate, available at a maximum LTV of 75% with 10% overpayments per annum.

This tool will allow advisers to show a client an interactive representation of how much extra finance they could qualify for with an enhanced plan at different levels of enhancement.

The aim was obtaining planning for a primarily residential, mixed use scheme. Upon completion, the development will comprise of residential and retail space, offices, a gym and a hotel.

The slowdown has been driven by price falls in London (-0.2%) and Cambridge, which has seen prices drop 3.8% annually while the rate of growth has slowed across Southern cities.

The lender said its new headquarters offers a more flexible work environment together with space for its expanding team of lending specialists.

In contrast, potential home-mover visits to the Rightmove website are at record highs for the first two weeks of a new year, and up by 5% on the comparable period a year ago.

Key activity indicators continued to slip in December with national sales volumes dwindling, although some areas of the UK saw a more positive trend (East Anglia, Wales, the North East and Northern Ireland).

Asking rents in the capital are now increasing at an annual rate not seen since Q1 2015 and compared with this time last year, available rental stock in London is down 22%.

The range features a special flat fee option, which is available for 3.28% at 75% LTV and has a completion fee of £3,950.