Fleet Mortgages has made a series of updates across its fixed-rate product range. The lender has launched two new 65% LTV two-year fixed products for standard and limited company, with one priced at 3.89% with a 3% fee and a zero-fee option at 5.49%. Both products come with a free valuation of up to £500,000 and a minimum loan size of £25,000. In addition, the lender has reduced rates on its 75% LTV two-year fix by 10 bps, with rates starting from 5.59% with no product fee. Furthermore, Fleet has reduced rates on its two-year 75% LTV zero fee product, at 5.99%, while its five-year 75% LTV A-C EPC rating product is now priced at 4.99% with a 3% fee.

Foundation Home Loans has enhanced its buy-to-let (BTL) special range, by making improvements to loan sizes, new products and price cuts. Loan sizes have been increased to £3m for 65% LTV products and £5m by exception, £3m for 70% LTV, £2m for 75% LTV and £750,000 for 80% LTV for standard properties. The lender has also introduced new 80% LTV BTL special options to support landlords who are looking to maximise leverage or require higher gearing for investment purposes. Foundation’s new BTL range now includes F1 two-year fixes from 3.89% with new options at 70% and 80% LTV with a 4% fee, and a new F1 five-year fix from 4.74% at 65%, 70% and 75% LTV with a 6% fee, and a 4% fee at 80% LTV.

Gary Dean has been appointed as business development manager at Paragon Bank in its mortgages sales team. As part of the role, he will work with the bank’s intermediary partners in the central England region, taking over from Joe Bastone, who has recently retired. Dean hasover 12 years of sector experience to the role, having worked at Keystone Property Finance, Quantum Mortgages and Together, with the last decade working in business development roles.

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