News in brief - 5 November 2025

Nationwide has reduced rates across its two, three, five and 10-year mortgage products, with rates now starting from as low as 3.64%. For new and existing customers, its two-year fix at 60% LTV starts at 3.64% with a £1,499 fee, while its five-year 60% LTV product starts at 3.89% with a £999 fee. The building society’s remortgage range is now available from 3.79% and 3.89% as two and five-year fixes at 60% LTV, with £1,499 and £999 fees respectively. Furthermore, on its first-time buyer range, its two-year fix at 85% LTV starts from 4.34% with no fee, while its five-year fix at 90% LTV with a £999 fee is available from 4.35%.

Selina Finance has appointed Matthew Batte as its new head of intermediaries. He brings more than a decade of experience to the role, joining the specialist lender from Pepper Money, where he spent over four years as a business development manager covering the South of England and Wales. Batte has also held senior roles at Shawbrook Bank and Optimum Credit, with earlier experience as a broker at First Trust Finance. In his new role, he will lead Selina’s intermediary proposition, supporting brokers to better understand and access the lender’s product range. Batte will also work closely with Selina’s sales, operations and marketing teams to strengthen relationships with key networks and help brokers integrate Selina’s offering into a range of client conversations.

CHL Mortgages for Intermediaries has launched a new range of 80% LTV products. The specialist lender is introducing 3.5% and 5% fee options across single dwelling, small HMO and short-term let property types, with rates starting from 3.40% and 5.06% on two and five-year fixes respectively. There are also new zero fee options for landlords looking to minimise upfront costs, with two and five-year fixes starting from 5.90% and 6.16% respectively. Landlords can borrow up to £750,000 with products available to individuals and limited companies.



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