Molo has appointed Ben Saffery as its latest business development manager (BDM), covering South London and the South East of England.

He brings over five years of complex buy-to-let (BTL) lending experience, with a background in both business development and completions and case management. Saffery joins after holding roles at Keystone Property Finance and Vanquis Bank.

In his new role, he will work closely with brokers in the region, helping to place cases across a range of scenarios and build long-term relationships with intermediary partners.

Atom bank has introduced a limited offer to reduce procuration fees on commercial mortgages.

As a result, new-to-bank commercial lending applications submitted before 30 September will qualify for a 1.75% procuration fee. There will be no change to the overall 2% arrangement fee, with Atom bank reducing its retained portion instead.

Alongside the procuration fee boost, the bank has improved the interest rate discount available on large commercial loans. A 0.40% reduction will now apply to loans between £1m and £3m, while there will be a 0.25% reduction on loans of £3m-£10m.

RAW Capital Partners has recorded its highest-ever month for the value of loans completed in May.

The record comes after the specialist lender expanded its offering to include UK residents in December, after providing mortgages to foreign nationals, UK expats and Channel Islanders investing in the BTL market for the past 10 years.

In May, the total value of loans completed was approximately 50% higher than the next best month, which was March 2026, when changes to stamp duty relief led to a surge in completions.

Accord Mortgages has cut rates on both its residential and BTL product ranges for the second time this month.

Changes include a 0.18% cut to its 90% LTV products, while rates on fixes at 75%, 80% and 85% LTV have been reduced by up to 0.13%. Its BTL mortgage fixes have been cut by 0.09%.

As a result, its fee-free two-year fix up to 90% LTV now starts at 5.33% for those remortgaging, while its two-year BTL fee-free fix for house purchases is available from 5.23%. Both products come with a standard valuation.

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