Phoebus has appointed Robin Jeffery as its new chief technology officer. He brings a wealth of experience to the role with a mortgage and banking career spanning more than 30 years in senior technology and transformation roles for businesses such as Nationwide, Hampshire Trust Bank and most recently, Sopra Banking Software. Jeffery replaces Neil Dyke, who is standing down from the position after eight years. In this time, Dyke successfully oversaw the modernisation and digitisation of Phoebus’ product servicing solution.

Landbay has cut rates on its buy-to-let product range by up to 0.80%. The headline reduction has been made to the lender’s first-time landlord HMO/MUFB products, where its two-year option now start from 4.09%. Meanwhile, trading company products have seen a 0.65% reduction in rates and also start from 4.09%. Both standard and AVM-supported two-year fixed rate products now start from 3.74% at up to 75% LTV, with two-year small HMO/MUFB product rates falling by 0.60% to 3.79% at up to 75% LTV.

Buckinghamshire Building Society has increased the maximum LTV on its credit restore range from 70% to 75%. The society said that the change reflects a key focus for its mortgage team and is designed to give brokers more flexibility when supporting credit impaired clients who may need a higher LTV to consolidate debt and improve their financial position. Alongside the increase, The Buckinghamshire has introduced a new three-year fixed rate at 6.89% at up to 75% LTV and comes with a £999 fee.

---