News in brief - 13 May 2024

Alternative Bridging Corporation has promoted Robert Seymour to the role of senior underwriter. He has nearly two decades of experience in financial services, having previously held roles at Enterprise Finance, The Loan Partnership and Loans Engine. Seymour joined Alternative Bridging as an underwriter in 2022 and has been promoted following consistent delivery to brokers. Alternative Bridging provides bridging and term loans, as well as development finance, for residential and commercial purposes.

Landbay has enhanced its like-for-like remortgage range, with lower stress testing, alongside a number of rate reductions. For landlords with no changes to their current borrowing requirements, the like-for-like product range offers four different two-year fixed rate options. Rather than the standard calculation of pay rate plus 2%, the revised range is stress tested at pay rate, providing enhanced affordability. The products offer variable fees with rates starting 5.24% and are available up to 75% LTV.

The Right Mortgage & Protection Network and DA Club has announced a range of sales roadshow events for appointed representative and directly authorised member firms. The roadshows will take place at venues across the country in June and are designed to help attendees learn about recent market changes, review opportunities in different product areas and sectors including protection, and to help them improve their digital presence and secure ongoing lead generation. The events will take place in Solihull on 18 June, Chepstow on 20 June, Brands Hatch on 25 June and Edinburgh on 28 June.



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