Residential mortgages up to 90% LTV and buy-to-let mortgages up to 80% LTV will be available and temporary limits on loan sizes and property values will be withdrawn, meaning there will be a return to previous maximum loan sizes.

Both Virgin Money and Clydesdale Bank will also be able to help with large loans, shared ownership, professional and new build cases.

Physical valuations will be booked in England for pipeline cases requiring a physical valuation. This will be applied to pipeline cases in the rest of the UK as soon as restrictions in other areas are eased.