Buckinghamshire Building Society has cut rates by up to 0.20% across its mortgage products. The reductions apply to its standard residential, later life, first-time buyer and expat buy-to-let (BTL) products. As part of these cuts, the society’s prime 90% LTV three-year discount and five-year products start from 5.79% and 5.05% respectively, with its prime 95% (purchases only) three-year fixed rate starting from 5.74%. For its joint buyer, sole proprietor deposit lite five-year product starts from 5.89%, with the retirement interest-only five-year discount and the expat BTL three-year fix starting from 5.59% and 6.09% respectively.

Atom bank has completed a commercial mortgage in 37 working days. MHC Property Limited, an existing Atom customer, was looking to refinance a commercial investment property, tenanted by a funeral director, while taking on additional borrowing to cover the purchase of a new investment property. After continuing to work in the background, alongside a number of minor issues, the case was able to move from the initial application on 26 February 2024 to completion on 16 April 2024. Atom provided a £535,000 commercial mortgage at 71% LTV.

Uinsure has announced the creation of two new roles to lead the strategic focus of the business. Will Price joins the Insurtech firm as chief insurance officer and will work to maintain and develop a future-focused insurer partner, offering to support Uinsure’s product proposition. He joins from BGL, bringing over three decades of experience of developing insurer partnerships to the role. Paul Kelly has been appointed as chief product and program officer, having served as chief proposition officer since 2016. As part of the role, he will help to develop Uinsure’s product proposition, as well as deliver large and strategically critical projects to facilitate growth plans.

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