Just Mortgages has appointed Nick Savage to the role of area director. Based in South East London, he brings over three decades of experience in the industry to the role, working with 30 self-employed advisers in the area to support the growth of their businesses. Alongside mentoring and support with day-to-day activities, Savage will also help brokers with their business plans, future planning and to explore growth and recruitment opportunities. He is best known for his time with Countrywide Mortgages, where he spent more than 15 years. He has also worked in roles at NatWest, where he started in finance, before moving to the property sector.

Landbay has made rate reductions across its entire standard five-year fixed rate product range, with rates falling by as much as 0.46%. The product range now starts at 4.39%, available up to 55%, 65% and 75% LTV. It is available using Landbay’s variable fee structure, which ranges from 3% to 6% for increased affordability. The lender has also confirmed that all five-year products are stressed at payrate, with a maximum loan size of £2m, depending on the LTV. Meanwhile, fixed-fee product remain available for lower loans sizes. The five-year range, along with Landbay’s entire suite of products, is available for intermediaries to view and compare using its upgraded buy-to-let affordability calculator.

Atom bank has reduced prime mortgage rates by up to 0.30%, plus all near prime rates by 0.20%. The lender’s prime five-year fixed rates are now available at 4.94% at 90% LTV and 5.19% at 95% LTV Its two-year fixed rates are also now available from 5.44% and 5.79% at 90% and 95% LTV respectively. All these products come with no fee, a free valuation and remortgage products feature fee-assisted legals.

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