Buckinghamshire Building Society has launched new two-year fixed-rate mortgages for credit restore applicants, with rates starting from 6.19% at 60% LTV. The latest rate is a 20 bps reduction on the previous products. The products are also available from 6.69% at 75% LTV and can be used for both purchase and remortgage purposes, with a maximum loan size of £750,000. The credit restore range is designed to support credit impaired clients who may need a higher LTV to consolidate debt or improve their financial position.

Keystone Property Finance has cut rates across selected rates within its product range by up to 20 bps. The specialist buy-to-let lender has cut all of its expat rates by 20 bps, and other rates, excluding holiday let products, have been cut by 10 bps. Its standard and specialist two-year fixes start from 2.94% and 2.99% respectively at 70% LTV, while its five-year refurb-to-let and two-year expat rates start from 4.69% and 4.54% respectively at 65% LTV. Keystone’s five-year fixed rate is available from 5.49% at 65% LTV.

Kuflink has reappointed Ranjit Narwal as its head of origination. The appointment comes as the firm looks to build its presence in the intermediary focused short-term lending market. Ranjit rejoins Kuflink from Connect for Intermediaries, after spending a year at the firm. He brings more than 35 years of financial services experience to the role, having started in the life insurance sales sector before moving to the mortgage market.

---