Financial adviser support network, Tenet Group, has announced the launch of its Lichfield hub as part of the continued growth of its owned advice business, Tenet&You. The new Staffordshire-based office is T&Y’s fourth regional hub and will double-up as the operational centre for the group’s owned mortgage and protection broker business, Tenet Mortgage Solutions. The new office will host over 20 Tenet professionals, including advisers, mortgage brokers, and lead qualifiers.

Avamore Capital has announced it is making two senior internal promotions. Former senior underwriter, Chris Newman, is now head of underwriting, taking over from executive director, Philip Gould. The lender has also confirmed that Adam Butler, previously senior relationship manager, is now stepping up to become head of sales. The promotions follow several structural changes at Avamore and the lender suggested they will play into its next phase of growth.

Buckinghamshire Building Society has announced the launch of a new first-time buyer 95% LTV mortgage product, with an interest rate of 3.85%. The rate is fixed for five years, which the society suggested will enable buyers to understand the affordability of their mortgage and budget accordingly. Buckinghamshire’s head of mortgage sales, Claire Askham, said that the launch of the product shows the society is “ready to work with its broker community” to process new cases and help their clients to secure their first home.

Equity release lender, more2life, has announced the appointment of Graham Munday as the firm’s in-house lead surveyor, and Jennifer Gadson as in-house lead conveyancer. Munday joins more2life with over 35 years of industry experience in the valuation and compliance sectors. Gadson brings more than 18 years of experience in residential conveyancing to her role and will be working alongside more2life’s legal partners to help identify process breaks and inefficiencies to speed up the processing of applications.

Hampshire Trust Bank (HTB) has announced the appointment of Bill Moffat as sales manager within its asset finance division. The bank said that the appointment highlights its “commitment to the green agenda”, as Moffat will be leading on clean air funding schemes and HTB’s climate-based asset finance proposition. HTB’s asset finance division funded over £24m of climate-based sustainable assets last year.

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