News in brief - 24 February 2025

Richard Sexton has been hired by proptech surveying portal, HouzeCheck, joining from e.surv where he served as commercial director. Following a career in sales, he joined General Accident Property Services in 1991, which went on to be LSL Property Services. Sexoton has held a number of management positions at LSL’s property services, asset management and valuation divisions during his tenure.

Selina Finance has announced a drop in pricing across its product range, introducing lower rates across all LTV bands. The second-charge mortgage lender said that the adjustments provide brokers and their clients with more affordable and flexible lending options. As part of the changes, five-year fixed rates at up to 50% LTV now starts with a rate of 6.34%, while the 65% LTV option starts from 6.39%. Alongside its rate reductions, Selina has updated the fees for loan between £10,000 to £25,000 to £895. Selina has also reduced rates by up to 1% across its high LTB products including its 87.5% LTV, two-year fixed products, which now comes with a rate of 9.09%.

Arc & Co. has appointed Edward Raynor as an asset finance adviser. He brings over a decade of experience in the real estate finance and debt advisory sector, spanning private debt funds and investment banks. Raynor’s career includes roles at Morgan Stanley, private debt funds Birchwood Real Estate and Starz Real Estate, and Eastdil Secured. His appointment takes the number of people in the Arc & Co. team to 22.



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