Solutions by Foundation, a brand of specialist lender, Foundation Home Loans, has welcomed David Wheatley back to the business, serving as regional account manager. In his new role, he will be looking after advisory firm relationships, with a focus on the product options available under the Solutions brand, which work on more complex buy-to-let borrower, property and criteria needs. Wheatley has worked in financial services for almost a decade, most recently in a variety of reginal account and business development manager (BDM) roles with a number of lenders, including Foundation. His most recent role was as a BDM at Streambank.

Atom bank has reduced the rates on its commercial mortgage range by up to 0.76% The app-only bank’s variable rates have been cut by up to 0.76%, while fixed rates have fallen by 0.73%, with the largest reductions applying to higher loan-to-values. As a result, representative rates at 75% LTV, variable rates start at 2.89% above the base rate, with fixed rates starting at 7.36%. For rates at 45% LTV, variable rates start at 2.06% above the base rate while fixed rates start from 6.43%.

United Trust Bank Mortgages has promoted Chris Pedlar to the position of head of sales. Taking responsibility of the bank’s mortgages BDM team. As part of the role, he will also lead in delivering the sales strategy across the bank’s specialist residential, buy-to-let and second charge product ranges. Pedlar joined UTB in 2017 and has over two decades of financial services experience. In his previous role with the bank, he worked as head of specialist distribution for the north of England.

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