Proc fees for product transfers and further advances has increased from 0.25% to 0.30%.

The largest reductions are at 90% and 95% LTV.

L&G members will now have access to Perenna’s range of long-term fixed-rate mortgages.

Reductions will take place across its residential existing and new customer range, as well as its 100% LTV Track Record mortgage.

Brightstar has partnered with OMS to launch a new technology offering for brokers and clients.

Steve Chapman has over 40 years' experience with previous roles at Lloyds and Hitachi Capital.

A new relationship manager and national account manager have joined the property division.

Adverse credit, shared ownership and Right to Buy products will all benefit from the latest round of rate cuts.

Buy-to-let rates now start from 5.34%, with a reduced ICR and increased maximum LTV.

Rates in the CHL 2 range now start from 4.62%.