Fleet Mortgages is removing its restricted limited company conveyancer panel in order to widen the number of law firms that its advisers and their landlord clients can use for limited company applications. Advisers will now be able to select any firm from its wider conveyancer panel, which includes approximately 1,200 approved firms. This compares to the 17 firms previously available under the restricted limited company panel. Fleet said that the change follows broker feedback and enhancements made to its lending criteria and polices for limited company borrowers. This allow the lender to support more layered ownership models and corporate configurations.

More2life has launched a latest lifetime mortgage product, Omni, aimed at expanding lending options available to advisers and their older homeowner clients. Omni offers the later life lender’s highest LTV rate at 55.3%, its broadest criteria across age and property types, and enhanced overpayment flexibility. It also includes a six-year ERC structure, the lowest available at more2life, and allows clients to make 15% voluntary overpayments each year. Omni supports loans from £20,000 up to £1.82m on properties valued between £100,000 and £3.5m. It accepts applicants up to the age of 89 and includes the widest eligibility range of any more2life product.

Nottingham Building Society has appointed Riaan Thiart as its new permanent chief internal audit officer. He initially joined the society in March as a strategic adviser in an interim capacity following Sally Gaudion’s move into the chief customer officer role. As part of his new role, Thiart will be responsible for providing independent assurance to the board and executive team on matters of corporate governance, risk management and internal control. He brings over 28 years of experience to the position, having held senior roles at Nationwide and Old Mutual, and as managing director at Prelude Business Solutions.

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