MPowered Mortgages has announced select rate reductions across its three-year fixed rate mortgage range by up to 0.22%, the second time it has reduced rates in 2024. For purchase only loans at 60% LTV, rates now begin at 4.37%, previously 4.59%, while rates on loans at 75% and 80% LTV begin at 4.49% (previously 4.69%) and 4.69% (previously 4.79%) respectively. Remortgage three-year fixed products begin at 4.46% at 60% LTV and 4.58% and 4.93% at 75% and 80% LTV respectively.

Property Circle has appointed Sarah Hartwell to the role of national account manager. She joins the growth platform for mortgage brokers with over 30 years’ experience in the mortgage market, both as a broker and lender. She has worked in business development roles since 2003, working for specialist lenders including The Mortgage Works, The Mortgage Lender, Vida Homeloans and Foundation Homeloans, building name awareness among brokers and developing senior level relationships with the UK’s top mortgage clubs and networks.

Precise Mortgages has announced that it has reduced rates and introduced new products across its residential range to help brokers support customers with greater choice and flexibility around affordability challenges. The residential range now includes 80% LTV rate products as well as limited edition 65% LTV products, with rates starting from 5.44%. The firm, which is part of the OSB Group, is also offering products with a range of options such as zero product fee, refund on valuation, worth a maximum of £630 and £300 cashback.

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