West Brom Building Society is reducing rates across its shared ownership and new build mortgage products.

Victoria Clark, director of The Later Life Lending Network, says the regulator is sending a clear signal to the market: lending in later life is no longer niche and is going to be a huge part of the market in the future.

Average UK house price annual inflation was 3.9% in the 12 months to May, up from 3.6% in April, according to the latest UK House Price Index from the Land Registry.

Chetwood Bank has appointed Natalie McNamara to its distribution team as mortgage distribution manager.

Santander’s two-year fixed rate first-time buyer products now start from 3.84%, while two-year buy-to-let and home mover fixed rates start from 3.79%.

When assessed online, 95% of people under the age of 80 complete the questionnaire – when integrated into an existing engagement process.

Advisers are seeking to digitise more of their processes, with the ideal level at 77% to boost efficiency. @IntellifloLtd

SME finance platform @FundingCircleUK has announced a £200 million forward flow agreement with long-standing partner Deutsche Bank.

Changes apply to two-and five-year fixes, with rates on products at 60%, 65% and 75% LTV decreasing by 0.10%.

Second charge mortgage new business volumes grew by 11% in May, with 3,293 new agreements, the latest figures from the @_F_L_A show.

One of the mortgage products is a later life mortgage, which is available to applicants aged 75+ on application and/or at the end of the mortgage term. @ChorleyBS

Following feedback from brokers across the country, the Society has expanded its frontline support to include both field-based and dedicated telephone BDMs in every postcode area.

Although the Bank of England had expected inflation to rise this year, peaking at 3.7%, industry experts believe today's figure may cause the Bank's Monetary Policy Committee to delay further interest rate cuts.

The FCA has fined Barclays a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt & Co.

The government has confirmed the launch of a permanent Mortgage Guarantee Scheme - now rebranded as the Freedom to Buy initiative.

Earn 30 minutes of CPD by reading this article!. David Wressell, senior manager at @twenty7tec , explains how advisers can think beyond traditional approaches and embrace a more adaptive, diversified strategy.

The proposals include improving how the FCA and FOS work together to ensure consistency in the interpretation of regulations.

Accord Mortgages is extending its ‘Boost LTI’ product, which provides access to mortgages up to 5.5x income, to first-time buyers borrowing at 95% LTV.

Why EPCs should be at the heart of every buy-to-let conversation: Grant Hendry from @foundationhome1 says EPCs have become a focal point within the buy-to-let market due to rising energy bills, regulatory reform, and growing tenant scrutiny.

Financial Reporter has announced its inaugural 30 Under 30 campaign - a brand-new initiative designed to spotlight the most exciting and impactful young professionals across the UK mortgage and finance industry.