Octopus Energy recently partnered with Perenna to launch the ‘Zero Energy Bills’ home mortgage

Despite a degree of stability returning to the mortgage sector this year there’s still work to do, according to Octane Capital.

Following the changes, all contractors will now have access to the lender’s standard mortgage products.

The biggest rises have been seen in the North West, according to Rightmove's latest study.

The new rate reductions take place with immediate effect and follow a cut of up to 0.45% at the end of last month.

Analysis of BSA data has revealed that gross lending has fallen to its lowest level since interest rates began to increase, according to Octane Capital.

Speculation is growing that a rate cut may not happen until September.

The platform has expanded its residential mortgage range with the new product following feedback from brokers.

The society has cut rates by up to 0.20 percentage points across a raft of its mortgage products.

The bank has made several changes to its buy-to-let proposition, making applications simpler and easier for brokers and their landlord customers.