Nottingham Building Society has announced a new package of product enhancements across its residential mortgage range, as it continues to respond to affordability pressures and support the evolving needs of borrowers and brokers. The changes include rate reductions of up to 17 basis points across select residential products, including within its foreign national and retirement interest-only (RIO) ranges.

The Mortgage Works has announced it is cutting rates on selected two and five-year fixed rate products across its mortgage range. Limited company buy-to-let products will see reductions of up to 0.25%, while buy-to-let and let-to-buy products will see rate cuts of up to 0.15%.

Accord Mortgages has joined the Pride in Finance Alliance as part of a wider move by the society to foster a diverse and inclusive working culture. The Alliance has been established to support, represent and advocate for LGBT+ colleagues, brokers and their clients. Its creation was prompted by the findings of the Financial Conduct Authority’s Financial Lives Survey, which showed that LGBT+ people are almost twice as likely – 44% compared to 25% – as non-LGBT+ people to say that they have no confidence in the financial services industry.

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