News in brief - 19 October 2023

Landbay has reduced rates on its standard five-year fixed rate products, with a 0.10% decrease across the entire range. The buy-to-let lender’s five-year fixed range now starts at 4.85%, with all products stressed at payrate and available through its variable fee structure. The product range can accommodate loan sizes from £30,000, right up to £1.5m to support brokers in servicing a range of landlord requirements. Landbay has also added a new 55% LTV range, with rates starting at 4.85%, with a 7% fee.

Just Mortgages has launched a new series of workshop to help self-employed brokers secure their equity release license. Three workshops will be available to existing brokers over the next three months and will be hosted by the firm’s learning and development team. The sessions will provide participants with what they need to acquire their certificate and go on to join almost 30 advisers at Just Mortgages who are qualified to offer equity release. Each broker will also secure their own membership to the Equity Release Council, as well as gain access to ongoing training and a full suite of support.

Hampshire Trust Bank (HTB) has appointed Greg Bernard at its newly created head of broker support within its specialist mortgages division, as part of its continued drive to deliver a market-leading service to its broker partners. He takes up the position after spending five years in the underwriting team at HTB, and two years as a senior underwriter. In total, Bernard has 15 years’ experience in underwriting and won the British specialist lending underwriter of the year award in 2021. As part of the new role, he will take on the management of the lending managers and be the primary point of escalation for brokers for new business queries or issues. Bernard will also be the sales team’s first point of contact when assessing new deals.

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