News in brief - 11 May 2026

Together has appointed Russell Anderson as its new chief strategy officer, as the specialist lender looks to continue its transformation and growth plans. He joins from Paragon Bank where he served as commercial director, bringing 24 years’ banking experience across mortgage sales and distribution, customer retention and partnerships. Prior to Paragon, Anderson held roles at Bank of Ireland, Santander and Lloyds Bank. The newly created role will see Anderson lead the development and execution of the group’s strategy.

Zephyr Homeloans has launched a new range of special edition five-year fixed rates with no valuation or application fee. The products are available to both individual landlords and limited companies, reflecting demand for products that balance competitive pricing with lower upfront costs and greater flexibility. As a result, brokers can choose between two product fee options. Its zero product fee rates start from 6.24% on standard properties and 6.39% on HMOs/MUFBs up to six bedrooms/units. On Zephyr Homeloans’ 2% product fee options, rates start from 5.84% on standard properties and 5.99% on HMOs/MUFBs.

Hope Capital Property Finance has launched its new max net bridging loan product, which is designed to give borrowers maximum upfront liquidity from day one. The new product, which aims to create to address the growing demand for flexible funding solutions, enables borrowers to access not only the funds required towards the purchase of an asset, but also an immediate refurbishment drawdown following completion to help projects commence without delay. The product offers 75% net LTV on residential property at 0.89% and 70% net LTV on semi-commercial and commercial property at 0.99%.



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