Darlington Building Society has exceeded £1bn in total assets for the first time in its 169-year history. Over the past seven years, The Darlington’s assets have grown by 64%, serving almost 92,000 members, predominantly in the North East. The update means the society retains its position in the UK’s top 20 building societies by asset size.

Newcastle for Intermediaries has reduced rates across its five-year product transfer range and introduced a new three-year product range for existing customers. The changes are designed to help brokers with additional options for client approaching mortgage maturity. The updated proposition includes reduced rates across the five-year product transfer range by up to 0.25%, including a 4.15% fixed rate product up to 60% LTV, available to existing customers. Alongside these reductions, Newcastle for Intermediaries has also introduced new three-year rates, starting at 4.05% at up to 75% LTV. Borrowers can secure their new rate up to three months ahead of maturity.

Foundation Home Loans has announced a number of new products and updates across its buy-to-let range. The new select fixed fee range introduce three five-year fixed rate products across Foundation’s F1 and F2 ranges. Across the new range, its F1 five-year fix starts from 5.49% at up to 75% LTV, with a £4,995 fee. Its F2 HMO and MUFB rates start at 5.64% and 5.74% respectively at up to 75% LTV with a £7,995 fee. Foundation has also expanded its short term let range with the introduction of a green five-year fix, priced at 6.09% at up to 75% LTV, with a 1.25% fee and £500 cashback. This product is only available for properties with an EPC rating of A to C.

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