LendInvest Mortgages has appointed Abbie McCluskey as its new business development manager (BDM) for Scotland. In her new role, she will focus on building and strengthening relationships with mortgage brokers to drive the firm’s lending growth across Scotland. McCluskey brings nearly a decade of experience in the UK lending sector to her new BDM role, having worked at specialist lenders like Lloyds Banking Group and The Mortgage Lender, earning a Certificate in Professional Specialist Property along the way. She replaces Rod McPherson, who has promoted to head of distribution in August.

Ian Henley has been elected as the new chair at Hanley Economic Building Society, succeeding Nick Jordan, who will step down at the end of the year. Henley is currently the chair of the risk committee at the society and brings over 40 years of experience in the banking and financial service industry. He has held a number of senior leadership positions throughout his career, with a track record in governance, risk management and strategic oversight.

The Mortgage Works has reduced selected buy-to-let rates for new and existing customers by up to 0.30%, with rates now starting from 2.64%. On its business rate range, its BTL two-year fix starts from 2.64% at 60% LTV with a 3% fee, while its five-year fix is available from 4.27% with a £1,495 fee at up to 75% LTV. On its switcher rates, its two-year fixes are available from 3.89% and 4.09% at 65% LTV and 75% LTV respectively, both with a £1,495 fee. Its HMO two-year fix at 75% LTV starts from 5.09% with a £1,495 fee.

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