News in brief - 5 August 2024

Landbay has lowered rates across its standard five-year fixed and small HMO/MUFB ranges. Rates have been cut by as much as 0.20%, following reductions of up to 0.40% across its standard two-year and new non-portfolio products. Rates on the standard five-year fix now start from 4.34% at up to 75% LTV, while two- and five-year small HMO/MUFB products have been reduced by up to 0.10%, starting from 4.19% and 5.09% respectively at 75% LTV.

Rosemount Financial Solutions (IFA) has welcomed a host of new advisers. The network has seen its ranks increase during 2024. The new appointed representatives will join from a range of firms from across the country, including central London, Coventry, Devon, Leicestershire, Bristol, Swansea and Kent. Rosemount has also welcomed a host of advisers joining the networks as trading styles. These include Kevin Norwood, trading as Mortgage Source in Hampshire, Ian Singleton, trading as Orchard FS in Hereford, and Alistair Fitt, trading as Hereford Wealth and Financial Planning in Hereford.

Yorkshire Building Society Commercial Mortgages has appointed Angela Norman as its interim managing director. She has moved from her existing role as head of lending, where she managed the lending teams, focusing on enhancing the support provided for portfolio landlords and owner-occupier businesses and led the lender’s growth plans. She has replaced Tom Simpson, who is stepping up to the role of interim chief commercial officer at Yorkshire BS, covering all brands at the society. Norman joined the society in June from Recognise Bank, and has worked in the commercial finance industry for over 25 years.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.