Rising rates weigh on residential lending
Tech upgrades have not completely eased brokers’ workloads yet
The rate reductions mark a shift for the bank, which had recently raised interest rates
Higher rates push more buyers towards extended terms despite the long-term cost
The market is primed for a resurgence
New tax and policy changes among things PRS investors fear
Director takes on extended role
Another big lender, on the other hand, raises borrowing costs
Rate cuts made amid Autumn Budget uncertainty
But mortgage-related complaints fall