The bank has increased maximum LTIs for employed applicants earning over £75,000 and the maximum LTV on flats and new builds.

The prime property lender has appointed an assistant relationship manager and client relationship manager.

Rates have reduced by a further 0.10% across the range.

The five-year fixed rate at 60% LTV is available to new and existing customers who are looking to move home.

Russell Anderson will become Paragon's commercial director, taking over Louisa’s current responsibilities, while Lisa Steele is promoted to mortgage lending director.

HSBC is increasing its maximum lending limits by 5%.

Mortgage rates are now at their lowest level since March 2024.

L&C Mortgages is the latest to add West One to its panel following the lender’s move into the owner-occupied market in October 2023.

The new feature is being piloted as part of Perenna’s participation in the UK Government’s Green Home Finance Accelerator.

Buy-to-let rates have also reduced by up to 0.20%.