News in brief - 11 April 2025

Buckinghamshire Building Society has reintroduced discounted products across its everyday buy-to-let (BTL) and everyday expat BTL ranges, offering brokers more flexibility as landlords weigh up their investment decisions in a shifting rate environment. On the everyday BTL product, a two-year discounted rate at 80% LTV is available at 5.39% (3% discount), while the everyday expat BTL two-year discounted rate of 5.59% (2.8% discount) at up to 75% LTV. Both products are available for loans between £50,000 and £500,000 and carry a product fee of £1,195.

Nottingham Building Society has appointed Beckie Morton as national account manager, completing the restructuring of its intermediary sales team under newly appointed sales director, Matt Kingston. Morton brings 25 years of experience in financial services, including 21 years at Bank of Ireland before holding management roles at finova and Dojo. In her new role, she will oversee strategic partnerships with mortgage clubs and networks, identifying opportunities for enhanced collaboration that drive mutual success.

ModaMortgages has cut rates by up to 20 bps across its BTL range. The reduction means the lender’s products now feature two-year fixed rates starting from 3.39%, with five-year fixed rates starting from 4.89%. Mortgages are available to a variety of landlords, including individuals, limited companies, those with small or large portfolios, first-time buyers and first-time landlords. Borrowers can choose from a number of fee options, with LTVs up to 75% LTV.



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