Tuscan Capital has appointed Jaxon Stevens as its new sales director, as the short-term property finance specialist implements a new look sales structure to deliver greater broker support and a broader distribution. Stevens joins the business with immediate effect and will lead the sales team covering the whole country, including its regional offices in Manchester and Birmingham. He brings over 25 years’ experience working in financial services to the role, covering a range of consultancy and management roles. Stevens has previously worked for a number of companies including GE Money and NatWest.

Just Group has added the green mortgage discount feature to its ‘just for you’ lifetime mortgage range and also extended the offer to include properties with a C-rated energy performance certificate (EPC) rating. Customers can request a free EPC at the application stage, if they do not already have one, and if eligible, can receive a 10bps discount on their lifetime mortgage rate. The extension to the green mortgage discount means that properties with a C-rated EPC will also be eligible for the discount, alongside properties with A and B ratings. The offering is in line with Just Group’s aims to halve its emissions by 2030 and reach net-zero by 2050.

Aspen Bridging has announced that it used its no valuation product and a weekend visit to ensure that a £630,000 facility was completed in 10 days, meaning that a developer avoided going overdue on an existing development loan. The strict 10-day deadline meant that Aspen’s credit analyst, Richard Coombs, inspected the project on a Saturday and spoke to the applicant who needed time to finish and market the two three-bedroom semi-detached houses in Northwood, Middlesex. The 55% LTV deal was completed on Aspen’s stepped rate product, starting at 0.55% over a 12-month term. Exit will be achieved through sale of the properties. Aspen’s latest 2023 rates and product card has flat rates, across all product types including heavy works, available at 0.89% plus one month’s exit at 80% LTV as well as 0.89% at 75% LTV and 0.85% at 65% LTV.

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