Mark Shelper has rejoined Pepper Money as a national key account manager, after leaving the firm three years ago. He had previously worked at the firm as a regional development manager between 2016 and 2021, before joining SortRefer and then Tandem Bank, where he became national account manager. Shelper brings over two decades of experience in the mortgage industry, having held roles at GMAC-RFC, Bristol & West and Aldermore Bank, as well as working as a broker.

Atom bank has reduced rates across its commercial mortgage range, including on large commercial mortgages. Commercial mortgages of between £2m and £4m will see rates cut by up to 0.25%. The rate reduction comes after the app-based bank increased its maximum LTV available of large commercial mortgages last month. As a result, mortgages of up to £5m are now available up to a maximum of 75% LTV against the market valuation, a move which allowed some applicants’ maximum potential borrowing to increase from £1m to £5m.

The Mortgage Works (TMW) has launched a new tool that provides brokers with the opportunity to support portfolio landlords. The firm provides broker support for day-to-day interactions with portfolio landlords, and is available for all brokers to use regardless of which lender the landlord’s mortgages are with. TMW has said that with the buy-to-let market becoming increasingly complex, the need for landlords to be on top of their finances has never been more important. The recently launched portfolio review tool will identify potential future borrowing opportunities with TMW on all properties landlords own. It also aims to help brokers access lending information on all of their portfolio landlords’ properties.

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