Market Harborough Building Society has announced a reduction in its fixed rates by up to 0.35% with effect from today. The society’s fixed rate mortgages are available across its specialist lending areas, including expat, buy-to-let and multi-generation. Its two-year fixed rates have reduced by 0.35% while rates for three and five-year fixes are now 0.20% and 0.10% lower, respectively.

The Right Mortgage & Protection Network has announced a rise in business volumes and an increase in the numbers of its appointed representative (AR) firms and advisers. Looking at the year to date, the network revealed that the total number of mortgage completions are 8% up on 2022 at 24,010, while total lending volume is up 4% on the previous year at £4.5bn. The network also now has 350 AR firms, with 26 new businesses having joined so far in 2023 and the number of new advisers who have joined reaching 127. This means there are now 728 advisers within the network.

Hampshire Trust Bank (HTB) has appointed Alan Coleman as lending director within its development finance division. Coleman has over seven years’ experience in the property finance industry with roles across origination, credit, and debt restructuring. In his new role, he is tasked with securing new development finance business for HTB, with the aim of developing those relationships into longer-term partnerships. Coleman joins HTB from West One Loans, where he was a portfolio manager.

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