Nationwide has cut rates across its first-time buyer and home mover products by up to 0.25%. For existing and new customers moving home, 60% LTV two and five-year fixed rates are available at up to 3.89% and 3.94% with £1,499 and £999 fee respectively. For first-time buyers, two-year fixes at 60% LTV start from 4.09% with a £1,499 fee and 4.14% with a £999 fee, while the 90% LTV option starts from 4.72%.

One Mortgage System (OMS) has appointed Nick Allen as non-executive director and Shey Wade as business development manager (BDM) as part of its 20205 growth and innovation strategy. Allen joins the board having played a role in implementing ISO27001 during his consultancy and brings over 25 years of experience in the lending sector to the position. Wade joins the firm with experience in mortgage intermediary marketing and broker support, having previously held a marketing leadership role at Spicerhaart’s financial services, Just Mortgages. In his new role. he will focus on supporting intermediary clients and enhancing relationships with OMS’s integration partners.

Fleet Mortgages has cut rates by up to 15 bps on its variety of two and five-year fixed rates across its standard, limited company and HMO/MUFB ranges. On its two-year standard and limited company fixes, rates start from 4.14% for properties with an A-C EPC rating, while its HMO/MUFB option has been cut to 4.44%. On the five-year fix, standard and limited company rates start from 4.34% on A-C EPC properties and the HMO/MUFB products start from 5.14%. All products are available at up to 75% LTV with a 3% fee.

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