ModaMortgages has appointed George Morgan as its new business development manager (BDM) for the Midlands, East Anglia and South Yorkshire region. Morgan is the latest addition to the lender’s expanding sales team and brings a wealth of experience to the role, having worked in mortgage advisor roles at Create Finance and the Finance Advice Centre. He has also been involved in coaching and training brokers.

The Mortgage Works has reduced selected buy-to-let (BTL) rates for new and existing customers by up to 0.25%. New two-year business rate fixes for purchase and remortgage start from 3.54%, while five-year rates start from 3.94%, both with a 3% fee, available up to 65% LTV. Five-year fixes are also available at up to 75% LTV, starting from 3.99% with a 3% fee, while another five-year fix is available at 4.44%, with a £1,495 fee, available up to 65% LTV. On its new BTL switcher, two-year rates start from 3.84% with a 3% fee, available at 55% and 65% LTV, while five-year fixed rates start from 4.74% with no fee, available up to 55% LTV.

Castle Trust Bank has strengthened its sales team, recruiting Nathan Thorne as regional account manager for the South West. He brings seven years’ experience in mortgages across a range of roles. Thorne started his career at broker firm, CMME, before moving to OneSavings Bank as a lending assessor and then Market Financial Solutions as a junior underwriter. He joins from KSEYE, where he worked as a BDM. In his new role, Thorne will take a “proactive approach” with brokers firms in the South West, helping them to understand how Castle’s specialist bridging proposition could benefit their clients, as well as provide a dedicated point of contact for queries around any element of the lending process.

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