Financial troubles and exiting landlords have also contributed to the rise in the number of sellers opting for a quick sale.

The society has bolstered its prime residential and buy-to-let product ranges following increased levels of demand.

The funding package comprises a bridging loan for the acquisition of a prestigious property in central Manchester and a development loan to finance its renovation.

The specialist lender has announced rate reductions across its residential Select and Core products, including its new ‘Mid LTV’ offerings.

The buy-to-let lender has made the changes alongside a raft of new rate reductions

Less than half the fines levied against rogue landlords have been collected by local authorities, according to data gathered by the NRLA.

The £4.2 million residential bridging loan was for the purchase of 10 flats within a newly developed area in Canary Wharf.

The deal for Sama Investment Group went towards the purchase of a 6626m2 building in Wolverhampton City Centre, destined to be redeveloped into PBSA

The latest research by HomeOwners Alliance shows that almost 60% of homeowners who bought within the last 5 years say they had a RICS house survey or a new build snagging inspection.

The South Wales property firm has generated a net profit before taxation of £572,000 in its latest financial accounts, its best to date.