Market Financial Solutions’ loan book has surpassed its £2bn target, reaching a value of £2.4bn. The specialist lender’s loan book hit the £1bn mark in early 2023 and has more than doubled in size in the years since. The firm said this growth came despite the rising cost of borrowing in this period, broader political and economic uncertainty and a challenging property market. Having “enjoyed a busy start” to 2025, Market Financial Solutions said that it is now aiming to grow its loan book to £3.5bn by the end of the year.

Dudley Building Society has updated its range of mortgage retention products. The latest update includes rate reductions of up to 0.40% on existing retention products, the introduction of discounted rate products and an expansion of its interest-only options. On the lender’s retention products, rates now start from 4.99% and are available at up to 95% LTV. Two-year fixed products now start from 5.09% and 5.24% at 65% and 75% LTV respectively, while two-year discounts start at 5.24% and 5.34% at the same respective LTVs. Furthermore, five-year fixes start at 4.99% at 60% LTV and 5.14% at 75% LTV.

Precise has refreshed its residential product range and has cut rates on its 75% and 85% LTV bands. The lender, which is part of OSB Group, has also introduced new fee options and has dropped selected reversion rates by u to 2.25%. The lender said that changes have been made to “increase choice and offer further flexibility around affordability challenges for brokers with residential customers”. Rates now start at 5.64% on a five-year fix, with the zero fee option expanded and a new £1,495 fee option introduced. These products are available on 75% and 85% LTV options.

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