Record levels of tenant demand have seen average rents climb by 28% since March 2020.

New research has revealed that the percentage of tenants choosing to live alone reduced by 8% between 2021 and 2023.

The 12-month loan was underwritten at a 75% LTV.

The majority of UK tenants are at the very limit of what experts believe is ‘affordable’, according to new research.

Beyond the purchase price of your new home, there are a number of 'hidden' expenses that can quickly turn your dream home into a financial nightmare.

The lender has also announced that it has reduced rates by up to 15bps.

The new rate follows the launch of a limited edition two-year fix last week.

The rental market is straining under the pressure of high tenant demand which has seen rental costs spiral in recent years.

Tom Bill, head of UK residential research at Knight Frank, looks at the likely impact felt by borrowers coming off fixed-rate deals agreed some time ago on better terms.

The agreement follows the lender's announcement of a £250m bank funding line secured earlier this year.