Nucleus Financial Platforms has appointed two new non-executive directors to its board. Cathryn Riley, who joined the group on 1 May, will chair the remuneration committee, while Claire Bousfield will chair the risk committee, starting on 1 July. They replace Judith Davidson and Kathryn Purves respectively. Riley brings more than 30 years of experience to the role, having spent 17 years at Aviva, most recently as group chief operations officer, and has also held key executive roles at BUPA, PwC and British Airways. Bousfield has held roles including chief executive officer at M&G retail and savings businesses, chief financial officer at Aegon UK and has also held a number of senior roles at Swiss Reinsurance.

Landbay has strengthened its like-for-like remortgage range with a number of new two-year products, following its recent launch of new lower stress testing. The buy-to-let lender has introduced two standard two-year fixed rate options, available at 65% and 75% LTV, with rates starting at 4.54% with a 5% fee. Two-year standard tracker options are also available with no early repayment charge and a 5% fee. These are also available at 65% and 75% LTV, with rates starting at 0.24% plus bank base rate. The new products are suitable with those landlords with no changes to their current borrowing requirements. They benefit from Landbay’s new lower stress testing for enhanced affordability, which stress tests at payrate, rate than the standard calculation of pay rate plus 2%.

Zephyr Homeloans has announced a reduction to its two- and five-year fixed rate mortgage rates. The lender its now offering two-year BTL fixes between 3.64% and 5.64% for properties with an A-C EPC rating at 65% LTV. For a five-year fix, rates start at between 4.69% to 5.49%. For properties with an EPC rating of D or E, rates start between 3.74% and 5.74% on two-year fixes and between 4.79% and 5.59% on five-year fixes, both at 65% LTV. The mortgage offerings are available with fees of 3%, 5% and 7%. The firm is also offering 6.19% and 6.29% with 0% product fees on five-year fixed standard mortgages at 80% LTV for properties between A-C EPC ratings and D or E EPC ratings respectively.

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