The lender is currently funding the delivery of more than 7,350 homes annually across the UK.

Around 7% of UK policyholders admit to actions that could cancel their home insurance, according to newly released figures.

Residential RL0 and RL1 products have seen rate reductions of up to 25bps across all LTV tiers up to 90%.

Semi-detached homes accounted for 33.5% of first-time buyer purchases in August, according to the latest research from Barclays.

The lender reported turnover growth of more than 15% and gross profit above 18%, reaching £4.7m.

A maximum loan size of £3m applies under the updated buy to let criteria.

The new funding package features loans available from £7.5m to £35m and terms of up to 60 months, including a 30-month development phase.

Selected products across all property types, including large HMOs and MUFBs, are available with free valuations.

The lender has also withdrawn all 55% LTV mortgages and some 65% LTV options.

LettsPay is set to process over £1.5 billion in rental payments during 2025 through its partnership with Move Lettings.