Foundation Home Loans has appointed Matt Blake to the role of chief treasury officer to lead the firn's capital markets and treasury operations functions. The lender said that he brings a wealth of experience to Foundation, having previously held senior treasury roles at Pepper Money UK and Together. The appointment was made by the firm’s new chief executive officer, Pete Ball, as part of his strategy to help Foundation achieve its goals for the future.

Marsden Building Society has introduced three new fee-free furnished holiday let (FHL) mortgages, featuring rates starting from 5.35%. These mortgages are targeted at both first-time and experienced landlords, wishing to rent out their furnished properties on a short-term basis. The society also permits 90 days of personal use of the FHL property per year. The new mortgages come with no booking or arrangement fees on loans under £750,000 and are available as either interest-only or repayment at 60% or 75% LTV, depending on the product. To be eligible for a Marsden FHL mortgage, borrowers must have a minimum income of £25,000 and the minimum loan of £30,000. Additionally, the property being mortgaged must have a minimum value of £125,000 and be situated in England and Wales.

Accord Mortgages has reduced rates on its buy-to-let product range again by up to 0.15% across all LTVs up to 75%. The new range, which is available now, includes a two-year fix at 4.79% for remortgage clients at 60% LTV, which comes with a £1,995 fee, free standard valuation and remortgage legal service, while the five-year remortgage fix starts at 4.39% and comes with a £3,495 fee, standard valuation and remortgage legal service. Accord is also offering a two-year fix for house purchase and remortgage, starting from 5.04% at 75% LTV, which comes with a £995 fee, £250 cashback and free valuation.

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