Landbay has reduced rates by 0.20% across selected two- and five-year fixed rate products available up to 75% LTV, and has increased its maximum loan sizes for its standard products. The changes apply to 15 core products, including both standard and AVM options. On its standard and AVM two-year fixes, rates start from 4.19% and 5.69% with 5% and 2% fees respectively. Standard and AVM five-year rates are available at 4.94% with a 6% fee or 5.74% with a 2% fee. All standard products now have an increased maximum loan size of £1.5m.

Primis has made three senior promotions as part of its recruitment drive. Sarah Evans has been appointed as recruitment director, taking on responsibility for adviser recruitment across both Primis and TMA Mortgage Club, and will play a role in driving growth across the network. She previously spent eight years at head of sales at TMA, and will now focus on bringing new firms in to the network and club, while helping existing firms grow. Alongside Evans’ appointment, Michele MacGregor has been promoted to head of sales at Primis, bringing over 16 years’ experience of working with brokers to the role. Nicola Lyttle will succeed MacGregor as regional sales director for Scotland and Northern Ireland, having spent the last seven years working with firms in both regions.

Foundation has launched new specialist products arcross its large HMO and short-term let ranges. The new large HMO products include two-year fixes at 5.29% and 5.99% as a five-year fix, with a 3% and 4% fee respectively. The short-term let products include a two-year fix at 5.19% with a 3% fee and a five-year fix at 5.89% with a 4% fee. The specialist lender has also cut its standard HMO two-year fix by 0.25% to 4.99% and its five-year fix by 0.10% to 5.69%. MUFB fixes have also been cut two 5.09% and 5.79% on two- and five-year fixes respectively.

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