Fleet Mortgages has cut rates on all its standard and limited company five-year fixed products by 20bps. Its five-year fixed products now start at 70% LTV now starting at 5.14% and 75% LTV at 5.54%. The standard/limited company five-year fix at 70% LTV comes with a 5%, with other five-year products come with a 3% fee. The lender’s green five-year fix product, which covers properties with an EPC rating between A-C, has had its rate cut to 5.44%, available up to 75% LTV. Fleet will also continue to offer landlord borrowers a £1,000 cashback payment if they improve the EPC level of their property to a C or above during the course of the initial fixed-rate period.

OAC has appointed Kathryn Moore as its new head of personal line in non-life consulting. Moore has joined the actuarial consultancy, which is part of the Broadstone Group, from SDA Actuaries, where she led the non-life consulting team and has held a number of chief actuary and other senior management function roles. She brings 35 years’ experience to the role, beginning her career at Sun Alliance, before joining RSA. She them spent six years at Genworth Financial and over eight years at Assurant Solutions, heading up pricing, reserving and capital modelling across Europe. As part of her new role, Moore will focus on OAC’s non-life insurance consulting business, providing actuarial and risk management services.

One Mortgage System (OMS) has announced updates to its dedicated Consumer Duty functionality on the platform. A Consumer Duty section was added to the OMS platform following extensive user feedback and requirements back in July, with added functionality has been embedded to enhance the Consumer Duty journey for users and their clients. This includes a customisable area for bespoke Consumer Duty questions, automated client review risks and an introduction of stage profession times. Other functions also include vulnerability questions, essential internal Consumer Duty checklist and an interactive and automated client survey. Since the end of July, 85% of OMS clients now use the client survey function with a 95% completion rate of the surveys by clients that receive them.

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